If someone writes an in-the-money put, they usually want the underlying asset to
A) go up
B) go down
C) stay unchanged
D) fluctuate

Name: If someone writes an in-the-money put, they usually want the underlying asset to A) go up B) go down C) stay unchanged D) fluctuate
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Question

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When someone writes an in-the-money put, they typically want the underlying asset to go up so that the put option expires worthless, allowing them to keep the premium received from writing the option.

If Someone Writes an In-The-Money Put, They Usually Want the Underlying