A stock is currently priced at $22 a share while the $30 put option is priced at $5.22.The put option delta is -.25.What is the approximate put price if the stock increases in value to $25?
A)$3.76
B)$4.97
C)$5.08
D)$5.27
E)$5.50

Name: A stock is currently priced at $22 a share while the $30 put option is priced at $5.22.The put option delta is -.25.What is the approximate put price if the stock increases in value to $25? A)$3.76 B)$4.97 C)$5.08 D)$5.27 E)$5.50
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Question

Quizplus · Accepted Answer

Put price = $5.22 + ($1 × -.25) = $4.97

A Stock Is Currently Priced at $22 a Share While