Consider a "C$ Dec 7000 Put" Selling on the Chicago

question 6

Multiple Choice

Consider a "C$ Dec 7000 put" selling on the Chicago Mercantile Exchange (CME) at a price of $0.0120/C$. Each CME C$ contract is worth C$125,000. What would be the profit on an investment in this option if the spot rate at expiration is $0.6760/C$?

• A) -$1,500
• B) $0
• C) $1,500
• D) $3,000
• E) None of the above

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Definitions:

Behaviour

The actions or reactions of an organism, often in relation to its environment, which can be observed and measured.

Life Span

The maximum duration of life, or the length of time an individual or entity exists from birth to death.

Specialization

A process or strategy of focusing on a narrow area of knowledge or skill, often to achieve higher levels of expertise in that area.

Professional Psychology

The field that encompasses the application of psychological knowledge and techniques to solve practical problems in human behavior.