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4. If I bought a Yen/$ option, under what scenario will I lose money (beyond the premium) at the maturity of the option? If the
4. If I bought a Yen/$ option, under what scenario will I lose money (beyond the premium) at the maturity of the option?
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If the strike is less than the spot for a put
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If the strike is more than the spot for a call
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If the strike is more than the spot for a put
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There is no circumstance where I will lose more than the premium
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If the strike is less than the spot for a call
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