Today is May 4th 2022. A Put option on Alibaba Group Holding Ltd (9988) has a maturity
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Question:
Today is May 4th 2022. A Put option on Alibaba Group Holding Ltd (9988) has a maturity date of 29th Jun 2022, the exercise price is HKD 95, the Put option is trading on the Exchange at HKD 9.11. The Spot price of Alibaba is HKD 96.55 and the stock don't pay any dividend.
If you are to buy this Put option What is your maximum loss?
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