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An investor would exercise a put option when the:

A)
price of the stock is below the strike price.
B)
price of the stock is equal to the strike price.
C)
price of the stock is above the strike price.


A put option gives its owner the right to sell the underlying good at a specified price (strike price) for a specified time period. When the stock's price is less than the strike price a put option has value and is said to be in-the-money.

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thanks a lot

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