You hold a put option on a stock with a strike price of $23. The stock is selling for $25. What is the approximate minimum value of the put option?
A) $23
B) $25
C) $2
D) $0

Question

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The Answer of You hold a put option on a stock with a strike price of $23. The stock is selling for $25. What is the approximate minimum value of the put option?
A) $23
B) $25
C) $2
D) $0

You Hold a Put Option on a Stock with a Strike