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Business, 19.02.2020 04:55 tashatyron24pejls0

The price of a stock on February 1 is $84. A trader buys 200 put options on the stock with a strike price of $90 when the option price is $10. The options are exercised when the stock price is $85. The trader’s net profit or loss is:
A. Loss of $1,000
B. Loss of $2,000
C. Gain of $200
D. Gain of $1000

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The price of a stock on February 1 is $84. A trader buys 200 put options on the stock with a strike...

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