Crime Classification Manual Part II Chapter 10 A 68
Crime Classification Manual Part II Chapter 10
A 68
A STANDARD SYSTEM FOR INVESTIGATING AND CLASSIFYING VIOLENT CRIMES SECOND EDITION
Each put
contract Dinh purchased gave him the right to sell 100 shares of Cisco common
stock at $15.00 per share, if the share value fell to that price or below,
until the contract’s expiration, which was set for July 19, 2003. Dinh paid
$10.00 per contract, for a total purchase price of approximately $91,200. If
the value of Cisco shares had fallen relatively precipitously during the short
period of the life of the contracts, Dinh would have stood to make a large
profit—a highly speculative but potentially lucrative gamble.
Comments
Post a Comment