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
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