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Assume the stock of Company XYZ is selling for $150 right now. There is a put option on the stock with a strike price of

Assume the stock of Company XYZ is selling for $150 right now. There is a put option on the stock with a strike price of $145 and a premium of $2. The option expires in two months.

If you buy a put contract (the right to sell 100 stocks at the strike price of $145). What would be your net gain or loss from the entire trade if the stock price becomes $146?

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