ou own one ABC October 50 put. ABC stock is now trading at $53 per share. Which statement is true? A. Your option has been assigned. B. Your option has no intrinsic value. C. Your option has no time value. D. Your option has no open interest.
ou own one ABC October 50 put. ABC stock is now trading at $53 per share. Which statement is true? A. Your option has been assigned. B. Your option has no intrinsic value. C. Your option has no time value. D. Your option has no open interest.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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You own one ABC October 50 put. ABC stock is now trading at $53 per share. Which statement is true?
A. Your option has been assigned.
B. Your option has no intrinsic value.
C. Your option has no time value.
D. Your option has no open interest.
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