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Suppose that a September put option with a strike price of $85 costs $13.0. Under what circumstances will the seller (or writer) of the option
Suppose that a September put option with a strike price of $85 costs $13.0. Under what circumstances will the seller (or writer) of the option earn a positive or zero profit? Let S equal the price of the underlying.
S < 85
S > 85
S > 72.0
S < 98.0
S < 72.0
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