You wrote two put options on Xylo stock with an exercise price of $30 per share and an option price of $1.05 per share.Today,the contracts expire and the stock is selling for $31.15 a share.What is your net profit or loss on this investment? Ignore trading costs and taxes.
A) -$115
B) -$105
C) $20
D) $105
E) $210
Correct Answer:
Verified
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