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You work in the Equity Derivatives Desk of a major investment Bank. Which of these options should be offered at the LOWEST premium if Home

You work in the Equity Derivatives Desk of a major investment Bank. Which of these options should be offered at the LOWEST premium if Home Depot (HD) is currently trading at $307/share.

(Stock Ticker, Call=C/Put=P, Strike, Expiration)

a. HD C300 expiry 03/23/24

b. HD C290 expiry 03/23/24

c. HD P320 expiry 03/23/23

d. HD P250 expiry 03/23/24

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