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You Write 5 Put Option Contracts with a Premium of $4.85

question 77

Multiple Choice

You write 5 put option contracts with a premium of $4.85 and a strike price of $80. What is your profit if the stock price at expiration is $78.13?


Definitions:

Automatic System

Cognitive processes that occur without conscious control or deliberation, typically fast and efficient, handling tasks such as perception, encoding, and simple decision-making.

Unconscious

The part of the mind that contains thoughts, memories, and desires not within the realm of current awareness.

Brain

The organ located in the head of an animal that coordinates its behavior and processes sensory information; it's the center of the nervous system in humans and other vertebrates.

Information

Data, knowledge, or details that are provided or learned about something or someone.

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