单选题
An investor buys a stock at $90 and also buys a put option on the stock with a put price of $4 and having an exercise price of $80. At expiration of the put option, the stock price has fallen to $60. The loss for the investor's position would be :
【正确答案】
B
【答案解析】The put cost is $4 and the unprotected loss on the stock is $10. The loss for the investor is $14.