The Price of a Stock on February 1 Is $84

question 4

Multiple Choice

The price of a stock on February 1 is $84.A trader buys 200 put options on the stock with a strike price of $90 when the option price is $10.The options are exercised when the stock price is $85.The trader's net profit or loss is

• A) Loss of $1,000
• B) Loss of $2,000
• C) Gain of $200
• D) Gain of $1000

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Definitions:

Sensory Functions

The physiological capabilities of the body's sensory organs, such as seeing, hearing, tasting, touching, and smelling.

Motor Functions

The physiological processes that involve the coordination and execution of muscle movements.

Cerebral Hemisphere

Each of the two parts of the cerebrum (the largest part of the brain) in the brain of a vertebrate, separated by the fissure.

Corpus Callosum

The broad ribbon of nerve fibers that links the two hemispheres of the brain and facilitates communication between them.