You Purchase One IBM July 120 Put Contract for a Premium

question 50

Multiple Choice

You purchase one IBM July 120 put contract for a premium of $3. You hold the option until the expiration date when IBM stock sells for $123 per share. You will realise a ________ on the investment.

• A)$300 profit
• B)$300 loss
• C)$500 loss
• D)$200 profit

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Definitions:

Involuntary Commitment

The process by which individuals are admitted to a psychiatric hospital or ward against their will due to danger to themselves or others.

Medication

Substances used to diagnose, treat, or prevent disease and improve health in humans or animals, often in the form of drugs or pharmaceuticals.

Unethical

Unethical behavior is that which goes against moral principles or professional standards, often involving actions that are dishonest, unfair, or harmful to others.

Drug Treatment

The use of pharmaceutical substances to treat or manage medical conditions.