You bought a put with a strike price of $35.The current stock price is $33.What is the current payoff value of this option?
A) -$2
B) -$1
C) $0
D) $1
E) $2

Name: You bought a put with a strike price of $35.The current stock price is $33.What is the current payoff value of this option? A) -$2 B) -$1 C) $0 D) $1 E) $2
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Question

Quizplus · Accepted Answer

The payoff of a put option is calculated as the strike price minus the current stock price. Here, $35 - $33 = $2.

You Bought a Put with a Strike Price of $35