If I bought a Yen/$ option, under what scenario will I lose money (beyond the premium) at
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Question:
If I bought a Yen/$ option, under what scenario will I lose money (beyond the premium) at the maturity of the option?
a. if the strike is less than the spot for a put
b. There is no circumstances where i will lose more than the premium
c. if the strike is more than the spot for a call
d. if the strike is more than the spot for a put
e. if the strike is less than the spot for a call
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