Question: A put option on Amazon stock with three months until expiration has a strike price of $700 and is currently valued at $238. Amazon stock

A put option on Amazon stock with three months until expiration has a strike price of $700 and is currently valued at $238. Amazon stock is trading at $925. The options intrinsic value is _____ and time value is ______.

A. $0; $238

B. $119; $119

C. $238; $0

D. $225; $13

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