Suppose You Own a Put Option on a Share with a Strike

question 61

Multiple Choice

Suppose you own a put option on a share with a strike price of $35 that expires today. The price of the underlying share is $25. If you purchase the share and exercise the put option:

• A) you will earn $10.
• B) you will lose $10.
• C) you will earn $25.
• D) you will lose $25.

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Definitions:

Thirst

The sensation of needing to drink fluids, often a signal from the body indicating dehydration or the need for water intake.

Emergency Supplies

Items kept on hand for use in a crisis, including food, water, first aid kits, and tools for survival and safety.

Chain Of Custody

A procedure for ensuring that a specimen is obtained from a specified individual, is correctly identified, is under the uninterrupted control of authorized personnel, and has not been altered or replaced.

Defibrillator

A medical device that delivers a dose of electrical energy to the heart to treat life-threatening cardiac dysrhythmias.