6- A put option (with shares as the underlying asset) was originally purchased for $1.44 and is now trading for $2.82. The exercise price is $34 and the underlying share is currently trading for...


6-






A put option (with shares as the underlying asset) was originally purchased for $1.44 and is now trading for $2.82.  The exercise price is $34 and the underlying share is currently trading for $31.64.  What is the intrinsic value of the option?






a.
$2.82




b.
$0.00




c.
$2.36




d.
$1.44










Jun 05, 2022
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