A Put Option Is Priced at $1

question 62

Multiple Choice

A put option is priced at $1.43 and has an option delta of-0.21. The underlying stock price is $23. If the stock price increases to $24, the put option price will be approximately;

• A) $1.10
• B) $1.14
• C) $1.16
• D) $1.19
• E) $1.22

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Definitions:

Criminology

The scientific study of crime, its causes, responses by law enforcement, and methods of prevention.

Forensic Psychology

The intersection between psychology and the justice system, where psychologists apply their expertise in legal matters.

Competence Requirement

The necessary skills, knowledge, and abilities required to successfully perform a job or task.

Defendants

Individuals, companies, or entities accused in a legal proceeding of committing an unlawful act.