Question: On 15th November 2022, Nisha sold a put options contract to Kei Sun for RM0.50. If today (i.e., 17th November 2022) the underlying Petronas stock

On 15th November 2022, Nisha sold a put options contract to Kei Sun for RM0.50. If today (i.e., 17th November 2022) the underlying Petronas stock increases in value from RM5.00 to RM6.00, should Nisha exercise her right? Explain. Note: Strike price = RM5.00 and maturity is assumed to be 2 days).

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