Solved

On the Expiration Date for a Put Option with Strike

Question 20

Multiple Choice

On the expiration date for a put option with strike price of $10.00,premium $1.50 and the current spot price of $14.00,the holder will:


A) buy the shares in the market place.
B) let the option contract lapse.
C) exercise the option.
D) make a profit of $1.50

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions