Question
Suppose that a September put option with a strike price of $130 costs $12.0. Under what circumstances will the holder of the option earn a
Suppose that a September put option with a strike price of $130 costs $12.0. Under what circumstances will the holder of the option earn a profit? Let S equal the price of the underlying.
S < 130
S < 118.0
S > 130
S > 142.0
S < 142.0
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