You Sold Ten Put Option Contracts on PLT Stock with an Exercise

question 15

Multiple Choice

You sold ten put option contracts on PLT stock with an exercise price of $31.20 and an option price of $1.20.Today,the option expires and the underlying stock is selling for $33 a share.Ignoring trading costs and taxes,what is your total profit on this investment?

• A)−$3,300
• B)−$1,200
• C)$120
• D)$1,200
• E)$3,300

Grasp the ethical considerations in psychological research.

Comprehend Piaget's theories on cognitive development and mechanisms of adaptation.

Understand the importance of operational definitions in research.

Differentiate between quantitative and qualitative research methods.

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Definitions:

Alcohol-related Disorders

Medical conditions stemming from excessive alcohol consumption, including dependency and liver damage.

Older People

Refers to individuals typically above the age of 65, often considered the elderly population segment, with unique health, social, and psychological needs.

Long-term Care

A variety of services designed to meet a person's health or personal care needs over an extended period of time.

Mildly Impaired

Referring to a minor reduction in cognitive, physical, or emotional functioning that may affect daily life to some extent but does not incapacitate the individual.