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You have purchased a put option (representing 100 shares) with a strike price of $60 and a premium of $1. At the expiration of the
You have purchased a put option (representing 100 shares) with a strike price of $60 and a premium of $1. At the expiration of the option the stock price is $50. Your profit or loss is:
$1,100 loss |
$900 loss |
$100 loss |
$900 profit |
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