If Diana sells the 130 IBM Put, she will get 3.40. As a result (poll 9202765)

If Diana sells the 130 IBM Put, she will get 3.40. As a result

She will have to pay 130.00 for the stock minus any credits

she will pay only about 126.60 net for the stock plus cost of the insurance strike

she will pay about 126.60 if it is "cash covered"

all the above

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