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The author states that If one buys puts to lock in a floor price, he wants those puts to expire worthless. What is the reasoning
The author states that "If one buys puts to lock in a floor price, he wants those puts to expire worthless." What is the reasoning behind this statement? In other words, what is happening in the market when your puts are worthless (i.e. zero premium) and why would this be good for you
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Industrial Relations in Canada
Authors: Fiona McQuarrie
4th Edition
978-1-118-8783, 1118878396, 9781119050599 , 978-1118878392
