Multiple Choice
You sold a put contract on EDF stock at an option price of $.50 and an exercise price of $21.Today,EDF stock is selling for $20 a share and your option position was closed out.Ignoring transaction costs and taxes,what is your total profit?
A) $50
B) $60
C) −$50
D) −$60
E) $0
Correct Answer:
Verified
Correct Answer:
Verified
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