You Sold a Put Contract on EDF Stock at an Option

question 90

Multiple Choice

You sold a put contract on EDF stock at an option price of $.25 and an exercise price of $22.50.The option expires today when EDF stock is selling for $21.70 a share.Ignoring transaction costs and taxes,what is your total profit on this investment?

• A)$105
• B)−$55
• C)−$25
• D)$55
• E)$0

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Courts that review and make rulings on appeals from lower court decisions, primarily focusing on issues of law rather than fact.

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