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The stock price of BAC is currently $120 and a put option with strike price of $120 is $5. A trader goes long 200 shares

The stock price of BAC is currently $120 and a put option with strike price of $120 is $5. A trader goes long 200 shares of BAC stock and long 2 contracts of the put options with strike price of $120. a. What is the maximum potential loss for the trader ? b. When the stock price is $140, what is the traders net profit ?

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