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A $50 loss Bo $175 loss Co $263 gain DO $313 gain A customer buys 100 shares of XYZ stock at $72.25 and buys 1

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A $50 loss Bo $175 loss Co $263 gain DO $313 gain A customer buys 100 shares of XYZ stock at $72.25 and buys 1 XYZ Oct 70 Put @ $.50 on the same day in a cash account. The stock rises to $75.38. The put expires and the customer sells the stock in the market at the current price. The customer has a: A $50 loss Bo $175 loss

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