A put option is priced at $1.43 and has an option delta of-0.21. The underlying stock price is $23. If the stock price increases to $24, the put option price will be approximately;
A) $1.10
B) $1.14
C) $1.16
D) $1.19
E) $1.22

Question

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The Answer of A put option is priced at $1.43 and has an option delta of-0.21. The underlying stock price is $23. If the stock price increases to $24, the put option price will be approximately;
A) $1.10
B) $1.14
C) $1.16
D) $1.19
E) $1.22

A Put Option Is Priced at $1