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If the spot price is higher than the strike price for a put option, it is said to be:

Question

If the spot price is higher than the strike price for a put option, it is said to be:
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Solution 1

The put option is said to be "out of the money". This is because the spot price (the current market price) is higher than the strike price (the price at which the option holder can sell the asset). If the holder were to exercise the option, they would be selling the asset for less than its current m Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.

Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
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