Three Months Ago, You Purchased a Put Option on WXX

question 40

Multiple Choice

Three months ago, you purchased a put option on WXX with a strike price of £60 and an option price of £.60.The option expires today when the value of WXX is £62.50.Ignoring trading costs and
Taxes, what is your total profit or loss on your investment?

• A)-£310
• B)-£60
• C)£0
• D)£60
• E)£190

---

Definitions:

U.S.-Based NGOs

Non-governmental organizations headquartered in the United States that operate on both a domestic and international level, focusing on various issues such as humanitarian aid, environment, and human rights.

Global Presence

The extent to which a company or brand operates in multiple countries around the world and is recognized and available across international markets.

Few Volunteers

A situation where there is a shortage of individuals willing to offer their time and services for a cause or organization without financial compensation.

Nonprofit Organizations

Entities that operate for a collective, public or social benefit, rather than to generate profit for owners or investors.