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You sold an uncovered (short) put option on a stock. The premium received was $1.68 and the strike price was $75. What is the most
You sold an uncovered (short) put option on a stock. The premium received was $1.68 and the strike price was $75. What is the most that you could lose on this transaction assuming you held the option until the expiration date? State your answer as an even dollar amount with no decimal places and in total dollar terms.
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