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An investor has unrealized gains in 100 shares of Amazin stock upon which they do not wish to pay taxes. However, they are now bearish

An investor has unrealized gains in 100 shares of Amazin stock upon which they do not wish to pay taxes. However, they are now bearish upon the stock for the short term. The stock is at $76 and hey buys a put with a strike of $75 for $300. At expiration the stock is at $68. What is the net gain or loss on the entire stock/option portfolio?

A) $700

B) -$800

C) -$400

D) -$200

E) -$100

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