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- 2011-7-11
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- 2016-4-16
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The question lists the value of a put option (strike = $30) as $3.18 on November 1. Nowhere in the question does it say exactly when the put expires (it just says November), but the answer says it still has some time until expiration.
Is there an assumption we need to make here as to the expiration of an option? Is there a market norm that I’m not aware of? |
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