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Jeanie is a holder of a maturing put option. What action would she take if an option which cost $1.30, had a strike price of

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Jeanie is a holder of a maturing put option. What action would she take if an option which cost $1.30, had a strike price of $33, and the market value of the stock was \$35.50? cxcericle the eption with a net loss of $33.00 unerercised with a net loss of $500 let the option exple unexercised with a loss of $1,30 excicise the option with a net gain of $1.20 requen \$1.00 be teturned

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