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10.25. A trader writes 5 naked put option contracts with each contract being on 100 shares. The option price is $10, the time to maturity

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10.25. A trader writes 5 naked put option contracts with each contract being on 100 shares. The option price is $10, the time to maturity is 6 months, and the strike price is $64. (a) What is the margin requirement if the stock price is $58? (b) How would the answer to (a) change if the rules for index options applied

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