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You are a trader who is bullish on DIS stock. However, you are worried about the near term uncertainties of the stock. You develop a

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You are a trader who is bullish on DIS stock. However, you are worried about the near term uncertainties of the stock. You develop a trading strategy by buying 100 shares of DIS, which is currently priced at $102. Simultaneously you buy one European put option contract on DIS trading at $2/share to protect your long position on the stock. The put option expires in July 2020 and its strike price is $95. One option contract covers 100 shares. What will be your total profit if, at expiration, the stock price becomes: [Type and show all your works and calculations] 1) $80 2) $90 3) $95 4) $99 5) $102 6) $111 7) $125

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