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The price of a stock on February 1 is $124.A trader sells 200 put options on the stock with a strike price of $120 when the option price is $5.The options are exercised when the stock price is $110.The trader's net profit or loss is
Sulfide Minerals
Minerals composed of sulfur combined with a metal or semimetal, often associated with the formation of ores.
Impermeable Rocks
Rocks that do not allow water to pass through them due to lack of porosity or permeability.
Deep Canyon
A steep-sided valley typically eroded by a river over geologic time scales, characterized by its significant depth.
Reservoir
A natural or artificial place where water is collected and stored for use, especially water for supplying a community, irrigating land, furnishing power, or supporting aquatic life.
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