Rex Bought a Put on Alpha Stock with a Strike

question 6

Multiple Choice

Rex bought a put on Alpha stock with a strike price of $35 when the market price of Alpha stock was $33 a share. Alpha is currently selling at $34 a share. Which of the following statements are true given this information?
I. Rex's option is worth at least $100 today.
II. Rex's option is worthless today.
III. Rex's option has more value today than when he bought it.
IV. Rex's option has less value today than when he bought it.

• A) I and III only
• B) I and IV only
• C) II and III only
• D) II and IV only

Critically analyze the role of new media technologies in disrupting traditional media forms and representations.

Understand the modes of transmission and impact of blood-borne diseases including hepatitis and HIV.

Recognize the global and historical significance of tuberculosis, its modes of transmission, and effects on populations.

Identify the potential consequences and treatments of various viral infections, including HAV, HBV, and HIV.

---

Definitions:

Teenagers

Individuals who are in the age group of 13 to 19 years old, characterized by significant physical, psychological, and social development.

In Vitro Fertilization

A medical procedure involving the combination of an egg and sperm outside the body to create an embryo, which is then implanted in the uterus for pregnancy.

Donor Sperm

Sperm from a male donor that is used for artificial insemination or other fertility treatments.

Culture Dish

A shallow, circular, transparent dish that is used in laboratories for the growth of microorganisms, cells, or small plants in a specially prepared nutrient medium.