Question
A put option on an IBM stock has a strike price of $125. The holder of this put option exercises the option today when the
A put option on an IBM stock has a strike price of $125. The holder of this put option exercises the option today when the price of IBM stock is $122. This means that the holder of the put option_____
| sells an IBM share today at the price of $122
| ||
| sells an IBM share today at the price of $125 | ||
| buys an IBM share at the price of $125 | ||
| sells the option contract today for a price of $125
|
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Personal Finance Turning Money Into Wealth
Authors: Arthur J. Keown
6th Edition
0132719169, 978-0132719162
