n NISM Certifications
NSM General NISM
Medium

A trader buys a USD call option with a strike price of ₹54.50 and pays a premium of ₹0.40. What is the breakeven price?

Practice question from NISM Series I - Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    ₹54.10

  2. ₹54.90

    Correct answer

  3. C

    ₹55.30

  4. D

    ₹55.90

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

Test yourself for real

Take a full General NISM mock test.

Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.