Question: Which of the following will result from a decrease in an option's strike price? increase in call option price decrease in call option price increase

Which of the following will result from a decrease in an option's strike price?
increase in call option price
decrease in call option price
increase in put option price
decrease in put option price
Multiple Choice
1 and 4 only
2 and 4 only
1 and 3 only
Which of the following will result from a

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