Question: You have data on two puts (Put-1 and Put-2) which have identical characteristics except that one put was written on a stock with lower price

You have data on two puts (Put-1 and Put-2) which have identical characteristics except that one put was written on a stock with lower price compared to the other. Let the prices of Put1 and Put2 be p1 and p2. If p1

a. Insufficient Data to decide

b. Put-2 was written on the stock with the lower price

c. Put-1 was written on the stock with lower price

d. None of the above

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