SIE - Securities Industry Essentials Exam
An investor buys a May 25 Put for 6.00. On expiration day the stock is trading at $23.00. What is the intrinsic value of the put on this day?
The intrinsic value on expiration day is the total value of the option. The option is $2.00 in the money; and therefore has an intrinsic value of $200.00.
Part of the questions for each course
- 20 of 150
- Series 6
- 30 of 500
- Series 7
- 50 of 625