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Option Pay-Offs: You Own a Put Option on News Unlimited

Question 52

Multiple Choice

Option pay-offs: You own a put option on News Unlimited shares with a strike price of $40. The current share price is $40. Which of the following statements best describes your hopes for the share?


A) You want the share price to go up.
B) You want the share price to go down.
C) You want the share price to stay the same.
D) It doesn't matter; you are indifferent to changes in the share price.

Correct Answer:

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