question archive You bought 475,000 put options with a strike of $0
Subject:BusinessPrice:2.87 Bought7
You bought 475,000 put options with a strike of $0.0550 / P for $0.0005. The current spot exchange rate is $0.0545 / P. Immediate exercise of these options will generate a profit/loss of?
-451.25
0.00
None of the alternatives
Negative profit, so exercise would not occur,
-475.00
Purchased 7 times