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Mr Johnson sold a contract of 100 put options on Suncor Energy stocks with strike price $20.00 and expiration in one week for $0.26 per

Mr Johnson sold a contract of 100 put options on Suncor Energy stocks with strike price $20.00 and expiration in one week for $0.26 per option (the price of Suncor stock was $20.24/share at the time). At expiration, the price of Suncor stock is $19.86/share. What is Mr Johnsons profit (or loss)?

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