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Posted on Jul 23, 2024

You bought a put option with a strike price of $45.00. The underlying asset is trading for $52.55 and you paid a premium of $4.10.

You bought a put option with a strike price of $45.00. The underlying asset is trading for $52.55 and you paid a premium of $4.10. What is the intrinsic value of this option?

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