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You purchased 100 SPX put options with a strike of $1,400. You also wrote 100 SPX put options with the same maturity date and a

You purchased 100 SPX put options with a strike of $1,400. You also wrote 100 SPX put options with the same maturity date and a strike of $1,300. At maturity, what is your total payoff if the SPX is trading at $1,320?

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