n NISM Certifications
XIII NISM Series XIII
Medium

The holder (buyer) of a long position in a PUT option will gain when the price of the underlying asset ______.

Practice question from NISM Series XIII for SIF - Mock Test 9 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Rises

  2. Falls

    Correct answer

  3. C

    Remains unchanged

  4. D

    Becomes volatile

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

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