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6. The price of a stock on February 1 is $48. A trader sells 200 put options on the stock with a strike price of

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6. The price of a stock on February 1 is $48. A trader sells 200 put options on the stock with a strike price of $40 when the option price is $2. The options are exercised when the stook price is $39. The trader's net profit or loss is A. Loss of $800 B. Loss of $200 C. Gain of $200 D. Loss of $900

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