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you buy a put option on Whitby incorporates stock with a strike price of $65. the option premium is $1.98. the option has 8 months
you buy a put option on Whitby incorporates stock with a strike price of $65. the option premium is $1.98. the option has 8 months untill expiration and you purchase 19 contracts. On the expiration date, the stock was valued at $54.94 a share. What is your profit or loss on the option contracts in dollars?
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