n NISM Certifications
VIII NISM Series VIII
Medium

What happens to the intrinsic value of a Put Option if the Strike Price is lowered?

Practice question from NISM Series VIII - Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Increases

  2. Decreases

    Correct answer

  3. C

    Remains unchanged

  4. D

    Becomes negative

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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