我想 第二章說的 是基本的 purchasing a put option only...... the put option buyer can walk away if the market price of the underlying asset > the strike price (but of course lose all of the premium he had already paid)
BUT IN CHAPTER 3........IT SAYS,PURCHASING A PUT OPTION WITH A LONG POSITION,that means you buy the asset for $1000,and purchase a 1000,6months strike put for YOUR ASSET to protect decrease in value,so the FV of cost incurred is (1000+74.201) x 1.02. And if the spot price after 6months is 1000... then you lose -95.68