Question: APPLE MARKET VALUE = $115.05 CALLS EXP DATE: DEC 4, 2020 PUTS LAST PRICE STRIKE PRICE LAST PRICE 7.10 113.00 5.75 7.10 114.00 6.00 6.60

APPLE MARKET VALUE = $115.05

CALLS

EXP DATE: DEC 4, 2020

PUTS

LAST PRICE

STRIKE PRICE

LAST PRICE

7.10

113.00

5.75

7.10

114.00

6.00

6.60

115.00

6.82

6.20

116.00

8.10

5.70

117.00

8.45

5.09

118.00

8.55

If you are long in the put contract with strike price of 116.00, what will be your profit or loss in the contract, if at expiration date the market value of AAPL is $106.20

PRESENT YOUR ANSWER ROUNDED TO ZERO DECIIMAL PLACES.

DON'T USE COMMA SEPARATORS, IF A LOSS USE MINUS SIGN EX -1200

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