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You purchased a put option. You paid $3.81 for the put. The put expires today. The exercise price (strike price) of the put is $20.73.
You purchased a put option. You paid $3.81 for the put. The put expires today. The exercise price (strike price) of the put is $20.73. The stock price today is $11.69. What is the payoff on your put option?
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