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The price of a stock is $64. A trader buys 1 put option contract on the stock with a strike price of $60 when the
The price of a stock is $64. A trader buys 1 put option contract on the stock with a strike price of $60 when the option price is $6. When does the trader have a profit in his account? whenever the strike price is below $64 a. whenever the strike price is below $50 O b. whenever the strike price is below $54 C. d. whenever the strike price is below $60
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