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2. Explain why it can be rational to exercise an American put option early while it is never rational to exercise an American call option

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2. Explain why it can be rational to exercise an American put option early while it is never rational to exercise an American call option early. Assume the option is on a non dividend paying stock and the investor plans to hold the stock until expiration if the call is exercised. - 2. Explain why it can be rational to exercise an American put option early while it is never rational to exercise an American call option early. Assume the option is on a non dividend paying stock and the investor plans to hold the stock until expiration if the call is exercised

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