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The current price of a stock is $50.23. A trader sells 132 put options on this stock with a strike price of $42 when the
The current price of a stock is $50.23. A trader sells 132 put options on this stock with a strike price of $42 when the option price is $7.69. The options are exercised when the stock price is $35. The trader's net profit or loss is equal to a. -0.69 b. -91.08 C. 0.69 d. 91.08 e.-1939.08
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