Question: QUESTION 55 If an option premium is > intrinsic value, then the option has: a. Intrinsic value > 0. b. Stock price > strike price.
QUESTION 55
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If an option premium is > intrinsic value, then the option has:
a. Intrinsic value > 0.
b. Stock price > strike price.
c. Stock price < strike price.
d. Time value > 0.
QUESTION 56
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What is the maximum loss from selling 1 ABC December 75 put for $2.30?
a. $230.
b. $2,300.
c. $7,270.
d. Unlimited.
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