Question
Suppose you bought, and still own, a put option for $7 on a stock currently trading for $150. The strike price of the option is
Suppose you bought, and still own, a put option for $7 on a stock currently trading for $150. The strike price of the option is $140. The option is expiring now. Which of the following is true?
Select one:
a. The option is currently in the money
b. You will lose 100% of your investment in this option
c. Your broker will exercise the option for you
d. Each of these statements is true
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Entrepreneurial Finance And Accounting For High-Tech Companies
Authors: Frank J Fabozzi
1st Edition
0262336901, 9780262336901
