n NISM Certifications
XIII NISM Series XIII
Medium

A trader is bearish on USDINR (spot 84.75 → expected 81). Wants to maximize profits. What strategy?

Practice question from NISM Series XIII for SIF - Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Buy USD Call

  2. Buy USD Put

    Correct answer

  3. C

    Sell USD Put

  4. D

    Sell USD Call

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

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