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Why do put options with strike prices lower than the current price of the underlying stock sell for positive prices? Type you
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Answer :-

In a put options a holder of a put option has a right to sell the share at strike price in predetermined time. And the fair Value of put option can be calculated as Present value of strike price - Market Price

the value of value option is always Max(0 , PV of strike price - MV )

Means the value of put option always greater than equal to zero so we say it is always sells for positive prices

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