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Two put options are written on AMZN shares. Both have 6 months before expiry. One put has a strike price of $3500 and the other

Two put options are written on AMZN shares. Both have 6 months before expiry. One put has a strike price of $3500 and the other put has a strike price of $3600. AMZN share price is currently $3800.

Explain why the put with $3500 strike will trade at a lower price than the put with $3600 strike.

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