You Wrote Six Put Option Contracts on Bakers Field Stock

question 8

Multiple Choice

You wrote six put option contracts on Bakers Field stock with an exercise price of $30 and an option price of $2.20.The stock price was $31.20 a share on the option expiration date.Ignoring trading costs and taxes,what is your total net profit or loss on this investment?

• A)−$1,320
• B)$2,040
• C)$1,320
• D)$1,180
• E)−$1,180

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Definitions:

Plasticity

The brain's ability to change and adapt as a result of experience.

Temporal Lobe

A region of the brain responsible for processing auditory information and is also involved in memory and emotion.

Frontal Lobes

Brain regions located at the front of each cerebral hemisphere, responsible for executive functions like decision making, problem-solving, and controlling behavior.

Neurogenesis

The act of producing new brain cells.