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You sell one July 120 put option on a stock (equaling 100 shares) for a premium of $5. You hold the option until the expiration
You sell one July 120 put option on a stock (equaling 100 shares) for a premium of $5. You hold the option until the expiration date, when the stock sells for $118 per share. You will realize a ______ on the investment.
A. $500 profit
B. $300 loss
C. $400 profit
D. $300 profit
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