What Is the Payoff for the Owner of a Put

question 71

Multiple Choice

What is the payoff for the owner of a put option with a strike price of $63 if the underlying stock price at expiration is $43?

• A) $126
• B) $43
• C) $20
• D) $63

---

Definitions:

Decorative Typefaces

Fonts that are embellished or ornamental, designed primarily for aesthetic appeal rather than readability.

White Space

The unmarked portions of a page or screen, used in design to improve readability and visual appeal.

Application Message

A form of digital communication within or between software applications, typically used for data exchange.

First-Person Pronouns

Pronouns such as "I," "we," "me," "us," "my," and "our," which are used to refer to the speaker or speakers themselves.