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Suppose you buy one SPX call option contract with a strike of 1,400. At maturity, the S&P 500 Index is at 1,431. What is your
Suppose you buy one SPX call option contract with a strike of 1,400. At maturity, the S&P 500 Index is at 1,431. What is your net gain or loss if the premium you paid was $23?
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