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A call option on a share of stock is currently out of the money. There exists a put option on the same stock with the

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A call option on a share of stock is currently out of the money. There exists a put option on the same stock with the same strike and expiration as the call. What can we infer about this put option? The strike price of this put option is less than the price of the underlying stock. The cost to acquire this put option is likely less than the cost to acquire the call option. The long position of this put option is currently in the money. The short position of this put option would have a positive payoff

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