What Is the Value of One November 35 Put Contract

question 17

Multiple Choice

What is the value of one November 35 put contract? $$\begin{array}{l}\text { KNJ (KNJ) } \quad \text { Underlying stock price: } \mathbf { 3 0 . 8 6 }\\\begin{array} { l c c r } \text { Expiration } & \text { Strike } &\underline{\text { Call }} &\underline{\text { Put }} \\ \text { Aug } & 25 & 6.15 & \text { Last } \\\text { Nov } & 25 & 6.60 & .05 \\\text { Aug } & 35 & .10 & .10 \\\text { Nov } & 35 & .70 & \mathbf { 5 . 1 0 }\end{array}\end{array}$$

• A)$70
• B)$460
• C)$510
• D)$4,600
• E)$5,100

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Definitions:

Muscle Tension

The condition of muscles being semi-contracted for an extended period, often resulting from stress or physical exertion.

Spine Pressure

Stress or force exerted on the spinal column, which can lead to discomfort or injury.

Thermal Biofeedback

Feedback concerning changes in skin temperature.

Vasodilation

The widening of blood vessels, which decreases blood pressure and increases blood flow to certain areas of the body.