Question: A stock is currently priced at $22 a share while the $30 put option is priced at $5.22. The put option delta is -.25. What

A stock is currently priced at $22 a share while the $30 put option is priced at $5.22. The put option delta is -.25. What is the approximate put price if the stock increases in value to $25?

Select one:

a. $3.76

b. $4.97

c. $5.08

d. $5.27

e. $5.50

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!