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You buy TEN November USX put options with a strike price of CAD 1.2456. Option premium is 1cent per USD(0.01CAD). On the settlement day the
You buy TEN November USX put options with a strike price of CAD 1.2456. Option premium is 1cent per USD(0.01CAD). On the settlement day the spot price of USD/CAD is 1.2859. What will be your gain or loss?
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