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If you sold a put option contract with an exercise price of $1.50/ and a premium of $0.15/, what is your maximum possible loss on

If you sold a put option contract with an exercise price of $1.50/ and a premium of $0.15/, what is your maximum possible loss on this contract? The contract size is 31,250. Enter the numeric portion of your answer, and include a negative sign to indicate a loss when needed.

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