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What Is the Risk of Holding a Deep In-the-Money Put Option until Expiration?

The primary risk of holding a deep in-the-money put until expiration is the opportunity cost of not having exercised early and invested the proceeds. Additionally, there is the risk of a sudden, unexpected price rebound in the underlying asset, which could reduce the option's intrinsic value.

This is especially true for volatile assets like cryptocurrencies.

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