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Faris is considering a short position in the July 36.00 PUT option on FAS. Current FAS stock price is $38.75 and the put option premium
Faris is considering a short position in the July 36.00 PUT option on FAS. Current FAS stock price is $38.75 and the put option premium is $1.50.
The maximum possible loss on this put option position is____.
Group of answer choices
$34.50
$37.50
$37.25
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