Question: Suppose you bought an ABC Put Option with a strike price of $33 expiring in 30 days. This option is currently trading at: $7.50. The

Suppose you bought an ABC Put Option with a strike price of $33 expiring in 30 days. This option is currently trading at: $7.50. The Stock is currently at $28. How much time value does this option have?

A.$5.00
B.$0.00
C.$7.50
D.$2.50

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