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Assume you purchase 200 shares of Apple at $350 per share, but you are worried that it may fall in price, so you wish to

Assume you purchase 200 shares of Apple at $350 per share, but you are worried that it may fall in price, so you wish to hedge part of your position by writing a 100 share option. The option has a strike price of $300 and a premium of $50. If at that the time of expiration, the stock is selling at the following prices ($200, $300, $400) what will be your overall gain or loss? What about the person who bought the option from you?

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