Alice bought a put option on British pounds for $.04 per unit. The strike price was $1.80, and the spot rate at the time the pound option was exercised was $1.59. Assume that there are 31,250 units in a British pound option. What was Alice's net profit on the option?© BrainMass Inc. brainmass.com March 21, 2019, 9:57 pm ad1c9bdddf
Alice Duever purchased a put option on British pounds for $.04 per unit. The strike price was $1.80 and the spot rate at the ...
Currency put options are examined for Alice's net profit.