You sold a 22.5 strike put for $1.65 on a stock that currently sells for $24.98. If the put is exercised, what is the net price of the stock, and who buys it?

You buy it at $22.50 a share.

The counterparty buys it for a net price of $22.50 a share.

The counterparty buys it for $24.15.

You buy it for a net price of $24.15 per share.

You buy it for a net of $20.85 per share.