n NISM Certifications
XIII NISM Series XIII
Medium

A trader sells a USD Put option at a strike of 60.50 and receives a premium of INR 0.40. What would be the break-even point for the transaction?

Practice question from NISM Series XIII for SIF - Mock Test 9 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. 60.10

    Correct answer

  2. B

    60.50

  3. C

    60.90

  4. D

    60.30

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

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