n NISM Certifications
XIII NISM Series XIII
Medium

Mr. Harish bought 20 call options at Rs. 10 strike Rs. 125. Stock closed at Rs. 100.

Practice question from NISM Series XIII for SIF - Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Exercise and take delivery

  2. B

    Exercise the option

  3. Not exercise

    Correct answer

  4. D

    Exercise as he likes

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 NISM Series XIII mock test.

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