Neither a call nor a put option can have a negative price.

Name: Neither a call nor a put option can have a negative price.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This statement is true because the price of an option cannot be negative. The lowest possible price for an option is zero, which means that the option has no value. If the underlying asset of the option has no value, then the option also has no value. However, if the underlying asset has some positive value, then the option must also have a positive value or price.

Neither a Call nor a Put Option Can Have a Negative