Which of the following statements is/are true
I. Options never have negative intrinsic value
II. Options carry an obligation to buy or sell the
underlying asset
III. The strike price varies with the price of the
underlying asset
I, II and III are correct
I and III are correct
II and III are correct
Only II is correct
Only I is correct
Which of the following statements is/are true I. Options never have negative intrinsic value II. Options carry an o
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