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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