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Author Question: A put option on Ewing Oil is trading for $2.40 per share. The strike price of the option is $25. The ... (Read 320 times)

stephzh

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Question 1

A put option on Duke & Duke Inc. shares is trading at $0.50 per share. The strike price is $50.The current price of the stock is $45. The Intrinsic value of the option is
◦ $4.50.
◦ $5.00.
◦ $45.00.
◦ $50.00.

Question 2

A put option on Ewing Oil is trading for $2.40 per share. The strike price of the option is $25. The stock is currently trading at $23. The option is
◦ in-the-money.
◦ at-the-money.
◦ out-of-the-money.


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Marked as best answer by stephzh on Apr 25, 2021

cloud

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stephzh

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Reply 2 on: Apr 25, 2021
Great answer, keep it coming :)


hramirez205

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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