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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