Aclient sells 1 abc jan 40 put when the market price of abc stock is $39. the put contract:
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Business, 13.12.2019 06:31 cedavenport1277
Aclient sells 1 abc jan 40 put when the market price of abc stock is $39. the put contract:
a. is in the money because it is currently profitable to the holder
b. is out the money because it is currently unprofitable to the seller
c. requires the client to deliver the stock if exercised
d. gives the client the right to sell the stock if exercised
Answers: 3
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