Question: Today you write put option contract on Dell stock with C=$7 and X=$100. If the stock price of Dell is $90 on the expiration date,
Today you write put option contract on Dell stock with C=$7 and X=$100. If the stock price of Dell is $90 on the expiration date, what will be your total profit/loss?
A. $3
B. -$300
C. -$3
D. $17
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