Per definition an option cannot have a negative value. How is that for a fact?
Thats rather short sighted, because we don't live in a vacuum. There is always politics and culture involved with such things, I have explained it.
No it is a fact. In contrast to your statement. An option can - at worst - have a value of 0. Because the inherent feature of an option is: you can choose to use it or not. So even if I give you the option "You need to give me everything you own" this option has no negative value for you. Because you simply can choose to not take it.