The $17.50 put option on ALF stock is priced at $.75.What is the total intrinsic value of one option contract if the underlying stock is currently selling for $18 a share?
A) −$50
B) −$25
C) $0
D) $25
E) $50
Correct Answer:
Verified
Q70: Allison's Market is currently valued at $68,400.The
Q71: Bruno's stock is currently selling for $31.74
Q72: Ed's Sheds has a $1,250 pure discount
Q73: The Whistle Stop has a stock price
Q74: A stock has a market value of
Q75: You wrote six put option contracts on
Q76: British Imports has a stock price of
Q77: A stock is currently priced at $53.80
Q78: The 3-month options on XYZ stock have
Q79: Valley Foods has a stock price of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents