You Purchase One June 70 Put Contract for a Put

question 8

Multiple Choice

You purchase one June 70 put contract for a put premium of $4. What is the maximum profit that you could gain from this strategy?

• A) $7,000
• B) $400
• C) $7,400
• D) $6,600
• E) None of the options are correct.

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Definitions:

Causes

The reasons or factors that lead to an event or condition, explaining why something happens.

Consequences

The outcomes or effects that result from a particular action or condition.

Divorce

A formal termination of a marriage through judicial or authoritative intervention.

Stanford-Binet

A standardized test that measures intelligence and cognitive abilities in children and adults.