You Own 3 SPX Put Options with a Strike of 1850

question 32

Multiple Choice

You own 3 SPX put options with a strike of 1850. What is the payoff at maturity for this option contract if the S&P 500 index is 1862?

• A)−$2,200
• B)−$22
• C)$0
• D)$22
• E)$2,200

---

Definitions:

Social Media

Platforms where users create, share, or exchange information and ideas in virtual communities and networks.

Mobile Communication

The transmission of information over a distance without the need for wires, cables, or other physical connections, typically using mobile devices.

Mobile-Friendly Websites

Websites designed to ensure an optimal viewing and interaction experience on mobile devices, featuring easy reading and navigation with minimal resizing, panning, and scrolling.

Security

Measures and controls that ensure confidentiality, integrity, and availability of information system assets and data.