7.18 Should puts be exercised early Are there any advantages to exercising a put when So=60 7=0.25 X=100 D=0 Options, Futures, and Other Derivatives, 4th edition@ 2000 by John C. Hull Tang Yincai, Shanghai Normal UniversityOptions, Futures, and Other Derivatives, 4th edition © 2000 by John C. Hull Tang Yincai, Shanghai Normal University 7.18 Should Puts Be Exercised Early • Are there any advantages to exercising a put when S0= 60 T= 0.25 X= 100 D= 0 •