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18. You buy 100 shares of GameStop common stock for $175 per share and a...

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Finance

18. You buy 100 shares of GameStop common stock for $175 per share and a standard July 170 put for $37 per share. If the price of GameStop stock on the expiration day is $220 per share, how much is your gain or loss (for the entire hundred shares and the standard option--not per share)?

20. You buy 100 shares of GameStop common stock for $175 per share and a standard July 170 put for $37 per share. How much is your maximum possible loss (for the entire hundred shares and the standard option--not per share)? DO NOT type a - sign in your answer.

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