You Own Two SPX Put Options with a Strike of 1,600.What

question 58

Multiple Choice

You own two SPX put options with a strike of 1,600.What is the payoff at maturity for this option contract if the S&P 500 index is 1,622?

• A) -$2,200
• B) -$22
• C) $0
• D) $22
• E) $2,200

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