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Suppose that a September put option with a strike price of $70 costs $10.5. Under what circumstances will the seller (or writer) of the option
Suppose that a September put option with a strike price of $70 costs $10.5. Under what circumstances will the seller (or writer) of the option earn a profit? Let S equal the price of the underlying
S < 70
S > 59.5
S < 80.5
S < 59.5
S > 70
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