You Own One SPX Put Option with a Strike of 1,400

question 91

Multiple Choice

You own one SPX put option with a strike of 1,400. What is the payoff at maturity for this option contract if the S&P 500 index is 1,422?

• A) -$3,600
• B) -$36
• C) $0
• D) $36
• E) $3,600

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Definitions:

1,1-Dimethylcyclobutane

A cyclobutane derivative where two methyl groups are attached to the same carbon atom, making it a branched alkane.

Coupling Constants

Parameters in nuclear magnetic resonance (NMR) spectroscopy that measure the interaction between nuclear spins, providing insights into molecular structure.

Doublet of Triplets

A specific NMR spectroscopy pattern indicating splitting of a signal into two sets of triplets, often due to coupling with two different sets of protons.

Splitting Pattern

The pattern in a nuclear magnetic resonance (NMR) spectrum illustrating the division of signals into multiple peaks due to the spin-spin coupling between nearby nuclei.