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The price of a stock on February 1 is $42.74. A trader sells 300 put options on the stock with a strike price of $39
The price of a stock on February 1 is $42.74. A trader sells 300 put options on the stock with a strike price of $39 when the option price is $3. The stock price is $33.22 when the options expire. What is the trader's net profit or loss? (Enter profit as a positive number, loss as a negative number.)
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