A Strategy Consists of Buying a Market Index Product at $830

question 13

Multiple Choice

A strategy consists of buying a market index product at $830 and longing a put on the index with a strike of $830.If the put premium is $18.00 and interest rates are 0.5% per month,compute the profit or loss from the long put position by itself (in 6 months) if the market index is $810.

• A) $3.45 gain
• B) $1.45 gain
• C) $2.80 loss
• D) $1.36 loss

---

Definitions:

Meaning in Life

The significance and purpose an individual assigns to their existence, often associated with their well-being and psychological resilience.

Existential Therapies

A group of psychotherapies that focus on individual responsibility, and the meaning of life and existence, encouraging clients to confront existential issues and live authentically.

Ongoing Process

A continuous and evolving activity or series of actions aimed at achieving a particular goal or maintaining a certain state.

Success Identity

The internal conception of oneself as successful, often shaped by personal achievements, societal standards, and the recognition of others.