Question: You took a long position in M common stock put option. The option has an exercise price of $53 and M s stock currently trades

 You took a long position in M common stock put option.

You took a long position in M common stock put option. The option has an exercise price of $53 and M s stock currently trades at $55 The option premium is $0.80 per share. The time value of this option is $ per share Numenc Response

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