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1. A put option on a stock has a strike price of $57 per share and a premium of $2.00 per share. The stock is

1. A put option on a stock has a strike price of $57 per share and a premium of $2.00 per share. The stock is currently selling for $58 per share. At a market price of $58 per share, the naked long put per-share profit is -$2.00. What is the short put per-share profit in this case?

2. A put option on a stock has a strike price of $57 per share and a premium of $2.00 per share. The stock is currently selling for $58 per share. For this option, the maximum possible per-share loss for a naked long put position is:

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