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43. The price of a stock on February 1 is $124. A trader sells 2 put options on the stock (controlling 100 shares each) with
43. The price of a stock on February 1 is $124. A trader sells 2 put options on the stock (controlling 100 shares each) with a strike price of $120 when the option price is $5. The options are exercised when the stock price is $110. The trader's net profit or loss is: * [7(5 Points) Loss of $2,800 Loss of 51,000 Gain of $1,000 Loss of $2,000
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