# Can an Out the Money put option's price $>$ its Strike Price?

I'd guess yes, if the put option's IV spikes. An OTM put has merely Time Value and no Intrinsic Value.

• – Henry Jul 21 '20 at 0:06
• @Henry Thanks. Yes, related. I thought to bi-furcate the question for ITM and OTM put options. – NNOX Apps Jul 21 '20 at 2:07