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You buy a put option on a stock for a premium of $1. The exercise price is $10.00. What is the options profit or loss
You buy a put option on a stock for a premium of $1. The exercise price is $10.00. What is the options profit or loss if just prior to expiration the stock price is $9.00?
a. | $0.50 | |
b. | $0.0 | |
c. | ($1.00) | |
d. | $1.00 | |
e. | ($0.5) |
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