Question
An investor is long 1 August XYZ 30 put and XYZ has a current market value of 35. Which of the following is true? Question
An investor is long 1 August XYZ 30 put and XYZ has a current market value of 35. Which of the following is true?
Question 3 options:
1) The August 30 put is in the money by 5 points
2) The August 30 put is at the money
3) The August 30 put is out of the money by 5 points
4) The August 30 put has a positive intrinsic value
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Financial statements
Authors: Stephen Barrad
5th Edition
978-007802531, 9780324186383, 032418638X
