You Sold a Put Contract on EDF Stock at an Option

question 52

Multiple Choice

You sold a put contract on EDF stock at an option price of $.40. The option had an exercise price of $20. The option was exercised. Today,EDF stock is selling for $19 a share. What is your total profit or loss on all of your transactions related to EDF stock assuming that you close out your positions in this stock today? Ignore transaction costs and taxes.

• A) -$140
• B) -$60
• C) $40
• D) $60
• E) $140

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Definitions:

Core Temperature

The temperature of the internal environment of the body, which is maintained within a narrow range for optimal physiological functioning.

Assessment Finding

Observations and data collected during a clinical evaluation to aid in diagnosis and care planning.

Antipyretic

A type of medication used to reduce or prevent fever, often by influencing the area of the brain that regulates temperature.

Diaphoretic

Exhibiting excessive sweating as a symptom of disease or a side effect of medication, or due to intensive physical activity or heat.