Question: 18. A put option with several months until expiration has a strike price of $55 when the stock price is $50. The option has ________
18. A put option with several months until expiration has a strike price of $55 when the stock price is $50. The option has ________ intrinsic value and ________ time value.
A. negative; positive C. positive; positive B. zero; zero D. zero; positive
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