You Purchase 5 Put Option Contracts with an Option Premium

question 65

Multiple Choice

You purchase 5 put option contracts with an option premium of $2.64 and a strike price of $60. If the stock price at expiration is $51.12, what is your percentage return?

• A) 116%
• B) 42%
• C) 164%
• D) 236%
• E) 183%

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Definitions:

Hallucination

The perception of something not present, such as hearing or seeing something that isn't there, often associated with psychiatric conditions or substance use.

Sensory Experience

The subjective experience of sensory information, which includes sight, sound, taste, touch, and smell.

Detached

Showing a lack of emotional involvement or personal interest; impartial or disinterested.

Out Of Body Experience

A phenomenon where a person feels as though they are observing themselves from a location outside their physical body.