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Option Type Option Cost Strike Price Per Share Current Market Value of Underlying Stock Call (100 shares) $220 $30 $35 Put (100 shares) $270 $55

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Option Type Option Cost Strike Price Per Share Current Market Value of Underlying Stock Call (100 shares) $220 $30 $35 Put (100 shares) $270 $55 $50 Determine the profit or loss associated with each option, ignoring brokerage fees

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