A put option you own is going to expire in one second. The current stock price is $25 and the strike price of your option is $30. Which of the following statements is NOT true?
A) Your option has intrinsic value.
B) Your option should be exercised or sold.
C) You have the right to sell the stock for $30.
D) Someone other than you stands to gain $5 per share when the option is exercised.
E) Your option is in-the-money.

Question

Quizplus · Accepted Answer

The option holder gains $5 per share when exercising the option, not someone else.

A Put Option You Own Is Going to Expire in One