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14) The price of a stock on February 1 is $84. A trader buys 200 put options on the stock with a strike price of

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14) The price of a stock on February 1 is $84. A trader buys 200 put options on the stock with a strike price of $90 when the option price is $10. The options are exercised when the stock price is $85. The trader's net prot or loss is A) Loss of $1,000 B) Loss of $2,000 C) Gain of $200 D) Gain of $1000

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