Stock’s Current Market Price Assignment | Homework For You
March 16th, 2020
According to an article in the Wall Street Journal, options traders were expecting a large move in the price of Facebook stock. They were buying both call options and put options with strike prices near the stock’s current market price. The article described this strategy as a “bet on the size of the [price] move instead of its direction.” Briefly explain how this investment strategy would work. Get Finance homework help today