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You purchase one Walmart July 150 put contract for a premium of $5. You hold the option until the expiration date when Walmart stock sells
You purchase one Walmart July 150 put contract for a premium of $5. You hold the option until the expiration date when Walmart stock sells for $152 per share. You will realize a ______ on the total investment. (A put or call usually covers 100 shares of underlying securities)
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300
-500
200
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