Assume That You Purchased Shares of a Stock at a Price

question 58

Multiple Choice

Assume that you purchased shares of a stock at a price of $35 per share.At this time you purchased a put option with a $35 strike price of $3.The stock currently trades at $40.Calculate the dollar return on this option strategy.

• A) $3
• B) -$2
• C) $2
• D) -$3
• E) $0

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Definitions:

Physical Hazards

Risks to physical health posed by environmental factors such as radiation, noise, and extreme temperatures.

Transmission of Microorganisms

The spread of microorganisms from one host to another, potentially causing disease.

Restraint

The practice of limiting the movements or actions of an individual, often for safety reasons or to prevent harm in a healthcare or custodial setting.

Nurse

A healthcare professional who is trained to care for the sick or infirm, especially in a hospital.