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You hold put options on 125,000 with a strike of $1.27/ for $0.167. The current spot is $1.189/. Immediate exercise of these options will generate

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You hold put options on 125,000 with a strike of $1.27/ for $0.167. The current spot is $1.189/. Immediate exercise of these options will generate a total profit/loss of? 10,750

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