You Purchase One IBM March 200 Put Contract for a Put

question 57

Multiple Choice

You purchase one IBM March 200 put contract for a put premium of $6. What is the maximum profit that you could gain from this strategy?

• A) $20,000
• B) $20,600
• C) $19,400
• D) $19,000

---

Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.