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QUESTION

You sell a short put option giving the purchaser the right to sell 100 shares of Amazon for a premium of $3,100. The strike price of the option is...

A. You sell a short put option giving the purchaser the right to sell 100 shares of Amazon for a premium of $3,100. The strike price of the option is $30 and the final stock price is $95. What is your profit or loss?

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