You own a put option on a stock and the strike price of the option is $30.The option has 3 weeks until expiration and the stock is currently priced at $35 per share.What is the largest payout possible for this put option? Ignore the original cost of the option for the payout calculation.
A) $0
B) $5
C) $30
D) the payout is unlimited
Correct Answer:
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