Question: A trader writes two naked put option contracts. The option price is $3, the strike price is $40 and the stock price is $42. What

A trader writes two naked put option contracts. The option price is $3, the strike price is $40 and the stock price is $42. What is the initial margin?

Select one:

a.

$1,800

b.

$1,900

c.

$1,850

d.

$1,880

Clear my choice

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