Question: A speculator may write a put option on stock with an exercise price of 1 5 andearna 3 premium only if he thought: the stock

A speculator may write a put option on stock with an exercise price of 15andearna3 premium only if he thought:
the stock volatility would increase.
the stock price would stay above $12.
the stock price would fall below $18.
the stock price would stay above $15.

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