Assume that there is a Pfizer March put available on February 10 with a strike price of

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Assume that there is a Pfizer March put available on February 10 with a strike price of $27.50. The current market price of the stock is $25.70. The price of the put on that day is $1.90:

Intrinsic value of March 27.50 put = $27.50 - $25.70 = $1.80

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Investments Analysis And Management

ISBN: 9781118975589

13th Edition

Authors: Charles P. Jones, Gerald R. Jensen

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