[Solved] You write a put option on Apple Inc for a

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You write a put option on Apple Inc for an option premium $8.25. The option has a strike price of $55, The underlying stock is

You write a put option on Apple Inc for an option premium $8.25. The option has a strike price of $55, The underlying stock is trading at $95 per share.

What is your maximum loss of the option?

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