You own both a May 20 call and a May 20 put.If the call ﬁnishes in the money, then the put will:

Name: You own both a May 20 call and a May 20 put.If the call ﬁnishes in the money, then the put will:
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Question

Quizplus · Accepted Answer

If the call finishes in the money, it means the stock price is higher than the strike price of the call option. This would make the put option, which has a lower strike price, out of the money. Therefore, the answer is C - the put will finish out of the money.

You Own Both a May 20 Call and a May