n NISM Certifications
NSM General NISM
Medium

Mr. Sameer has a bullish view and writes a PUT option with strike ₹84.50 for ₹0.40 premium. At expiry, the settlement price is ₹83.70. What is his net result per USD?

Practice question from NISM Series I - Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Loss of ₹0.50

    Correct answer

  2. B

    Profit of ₹0.50

  3. C

    Loss of ₹0.40

  4. D

    Profit of ₹0.40

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

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