n NISM Certifications
XIII NISM Series XIII
Medium

If you buy a put option with a premium of Rs 37 at a strike price of Rs 260, what is the maximum possible loss?

Practice question from NISM Series XIII for SIF - Mock Test 8 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Unlimited

  2. Rs 37

    Correct answer

  3. C

    Rs 297

  4. D

    Rs 223

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

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