The exercise price on a put option is 40 and the price of


The exercise price on a put option is $40 and the price of the underlying stock is also $40. The option will expire in 55 days.  The option is currently selling for $0.50.

Calculate the option's exercise value.

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Finance Basics: The exercise price on a put option is 40 and the price of
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Now Priced at $10 (50% Discount)

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