n NISM Certifications
XIII NISM Series XIII
Medium

Mr. X sold a 40.50 strike put option for a Rs. 0.35 premium. If bond price = Rs. 40.50 at expiry, what is net pay-off?

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

Options

  1. Rs 0.35

    Correct answer

  2. B

    Rs. 0.70

  3. C

    Rs. - 0.50

  4. D

    Rs. 40.50

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.