Question: Suppose you write 24 put option contracts with a $70 strike . The premium is $2.40 . Evaluate your potential gains and losses at option

Suppose you write 24 put option contracts with a $70 strike. The premium is $2.40. Evaluate your potential gains and losses at option expiration for stock prices of (a) $60, (b) $70, and (c) $80.

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