A put option with a price of $10.21 has a delta of-0.51. If the underlying stock price increases by $1.30, what is the new put price?
A) $10.87
B) $9.70
C) $10.72
D) $9.55
E) $10.61

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The Answer of A put option with a price of $10.21 has a delta of-0.51. If the underlying stock price increases by $1.30, what is the new put price?
A) $10.87
B) $9.70
C) $10.72
D) $9.55
E) $10.61

A Put Option with a Price of $10