n NISM Certifications
XIII NISM Series XIII
Medium

Mr. Ravi purchases 10 call options at Rs. 20 each with a strike of Rs. 350. If stock is Rs. 310 at expiry, he will:

Practice question from NISM Series XIII for SIF - Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Exercise the option

  2. Not exercise the option

    Correct answer

  3. C

    Do so depending on company decisions

  4. D

    Do so depending on his mood

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

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