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A XYZ 50 Put is trading at 75 and the delta of the put is -0.60. If XYZ trades from 47.00 to 47.50 what would

  1. A XYZ 50 Put is trading at 75 and the delta of the put is -0.60. If XYZ trades from 47.00 to 47.50 what would we expect the new price of the XYZ 70 Put to be?

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