Assuming a stock is $10, its $9 strike price put option asking for $1.00 consists of
$0.70 of extrinsic value and $0.30 of intrinsic value
$1.00 of intrinsic value
$1.00 of extrinsic value
$0.70 of intrinsic value and $0.30 of extrinsic value
(C) $1.00 of extrinsic value
Explanation:
