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10 10. The price of a stock is $67. A trader sells(writes) 5 put option contracts (equaling 100 sh. The options are exercised when the

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10. The price of a stock is $67. A trader sells(writes) 5 put option contracts (equaling 100 sh. The options are exercised when the stock price is $69. What is the trader's net profit or loss? Loss of $1,000 O Loss of $1,500 (3) Gain of $1,500 Loss of $500 10. The price of a stock is $67. A trader sells(writes) 5 put option contracts (equaling 100 sh. The options are exercised when the stock price is $69. What is the trader's net profit or loss? Loss of $1,000 O Loss of $1,500 (3) Gain of $1,500 Loss of $500

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