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iragen [17]
3 years ago
12

A three-month HP put option with an exercise price of $60 sells for a premium of $8. The put is in the money only if the price o

f HP stock is ______________. greater than $68 per share greater than $60 per share less than $60 per share less than $52 per share
Business
2 answers:
Elena L [17]3 years ago
6 0

Answer:

Is less than $60 per share

Explanation:

Put options are commonly or mostly used in the stock market to protect stocks against a fall in the price of a stock below a set or assigned price. The put option in this case can only be used if the price is lass than $60 per share .

Mkey [24]3 years ago
3 0

Answer:

less than $60 per share

Explanation:

A put option is the money when the exercise price is greater than the asset price, thus the put has to be less than $60

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2 years ago
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Read 2 more answers
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