If a Writer Sells a Put with a Strike Price

question 54

Multiple Choice

If a writer sells a put with a strike price of $70 at $3 per share, what is his profit or loss if the underlying stock at expiration is selling at $72?

• A) $4
• B) $3
• C) -$3
• D) -$4

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Definitions:

Genetic Equilibrium

A state in which the frequency of alleles in a population remains constant over time, assuming no evolutionary forces are at work.

Allele Frequency

The relative frequency of an allele (variant of a gene) at a particular gene locus in a population, expressed as a fraction or percentage.

Heterozygous Individuals

Organisms having two different alleles for a specific gene, one inherited from each parent.

Positive Assortative Mating

A mating pattern where individuals with similar phenotypes or genotypes are more likely to mate with each other than by chance.