Option payoffs: What is the payoff for a put option with a strike price of $20 if the price of the underlying stock at expiration is $18?
A) $0
B) $2
C) $18
D) $20
Answer: B
Option payoffs: What is the payoff for a put option with a strike price of $20 if the price of the underlying stock at expiration is $18?
A) $0
B) $2
C) $18
D) $20
Answer: B
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.