Question: 1 contract = 100 shares Question 49 2 points Save Answer You are long 6 contracts of 2-yr put option on QQQ with a strike

1 contract = 100 shares
Question 49 2 points Save Answer You are long 6 contracts of 2-yr put option on QQQ with a strike price (K) of $200. What will be your payoff at expiry if QQQ price at expiry (S_T) is $150
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