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you are holding a put option that is about to expire the exercise price is 100 the underlying stock price is 120 assuming the decision
you are holding a put option that is about to expire the exercise price is 100 the underlying stock price is 120 assuming the decision to exercise has just been made your payout expiration is 0 20 -20 100 -100 120 -120
0
20
-20
100
-100
120
-120
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