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A Trader Writes Two Naked Put Option Contracts

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A trader writes two naked put option contracts. The option price is $3, the strike price is $40 and the stock price is $42. What is the initial margin? _ _ _ _ _ _


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A composite material used for construction, made by mixing cement, aggregate (sand, gravel, or crushed stone), water, and, often, small amounts of chemicals to control setting.

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Actions or reactions of an individual that can be directly seen and measured, often used in psychological assessments.

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The way in which an individual interprets or understands something based on their senses and cognition.

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