Apple put options strike 460 is trading at 635 today under, Financial Management

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Apple put options strike 460 is trading at 635 today under

Apple put options strike $460 is trading at $6.35 today. Under what circumstances does the investor make a profit? Under what circumstances will the option be exercised? Draw a diagram showing the variation of the investors profit with the stock price at the maturity of the option.

Explain what a market maker does?

Which is the most common underlying for options?

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