n NISM Certifications
VIII NISM Series VIII
Medium

Ms. Mishra sold a Put option of strike Rs 500 on PQR stock for a premium of Rs 50. The lot size is 1000. On expiry day, PQR stock closed at Rs. 440. What is Ms. Mishra's net profit (+) or loss (-)?

Practice question from NISM Series VIII - Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    20,000

  2. B

    20,000

  3. 10,000

    Correct answer

  4. D

    10,000

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

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