rlying asset) was originally purchased for $1.11 and is now trading for $3.03. The exercise...

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Finance

  1. rlying asset) was originally purchased for $1.11 and is now trading for $3.03. The exercise price is $43 and the underlying share is currently trading for $41.01. What is the time value of the option?

a.$1.04

b.$3.03

c.$1.99

d.$-0.88

  1. A put option (with shares as the underlying asset) was originally purchased for $1.11 and is now trading for $3.03. The exercise price is $43 and the underlying share is currently trading for $41.01. What is the time value of the option?

a.$1.04

b.$3.03

c.$1.99

d.$-0.88

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