The premium on a pound put option is $.04. The spot rate and the exercise price are $1.52. The spot rate at the time of this option expiration is expected to be $1.51. Speculators could profit by:
A) writing a put option.
B) buying a put option.
C) buying a call option
D) writing a call option AND buying a call option simultaneously.

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The Answer of The premium on a pound put option is $.04. The spot rate and the exercise price are $1.52. The spot rate at the time of this option expiration is expected to be $1.51. Speculators could profit by:
A) writing a put option.
B) buying a put option.
C) buying a call option
D) writing a call option AND buying a call option simultaneously.

The Premium on a Pound Put Option Is