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If the stock price is $40, the strike price for either call or put on this stock is $43, and the option premium is $

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If the stock price is $40, the strike price for either call or put on this stock is $43, and the option premium is $ If this option is a call, the seller will exercise it If this option is a call, the buyer will exercise it If this option is a put, the buyer won't exercise it, because profit is insufficient to cover option premium If this option is a put, the buyer will exercise it

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