How Is the Intrinsic Value Calculated for a Put Option?

The intrinsic value for a put option is calculated as the greater of zero or the strike price minus the underlying asset's current market price. If the result is zero or negative (i.e. the option is OTM or ATM), the intrinsic value is zero.

How Is ‘Intrinsic Value’ Calculated for a Call Option?
What Is the Maximum Intrinsic Value a Put Option Can Theoretically Reach?
What Is the Definition of an “Out of the Money” (OTM) Option?
What Is the Relationship between an Option’s Strike Price and Its Intrinsic Value?
How Is the Intrinsic Value of a Bitcoin Put Option Calculated?
How Does the Strike Price Affect the Intrinsic Value Component of an Option’s Premium?
How Does the Intrinsic Value Change as the Underlying Asset Price Approaches the Strike Price?
How Does the Intrinsic Value of a Put Option Differ from a Call Option?

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