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A trader writes 1 naked put option contracts on a stock, with each contract being on 100 shares. The option price is $3, the time

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A trader writes 1 naked put option contracts on a stock, with each contract being on 100 shares. The option price is $3, the time to maturity is 6 months, and the strike price is $20. What is the margin requirement if the stock price is $22? $660 $500 $480 $460

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