question archive Asaad sells a sell option to a supporter at a price of S 3 and an execution price of $ 60, if the share price on execution is equal to S 70, then - Assaad's Total Earned/Losses = Total Profits/Losses Achieved for Moayad
Subject:FinancePrice:2.86 Bought5
Asaad sells a sell option to a supporter at a price of S 3 and an execution price of $ 60, if the share price on execution is equal to S 70, then - Assaad's Total Earned/Losses = Total Profits/Losses Achieved for Moayad
Ans.
The total profits achieved by Assad = Premium he received for selling the sell option = $3
Therefore, the total profits earned by Assad = $3.