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Options
- A
Profit of Rs. 300,000
- B
Profit of Rs. 225,000
-
Loss of Rs. 75,000
Correct answer
- D
Loss of Rs. 300,000
Why this is the answer
The fund manager bought a put option costing Rs. 75,000. If the portfolio declines by Rs. 3,00,000, the gain from the put would be Rs. 2,25,000 (Rs. 3,00,000 - Rs. 75,000). The net loss is Rs. 75,000, which is the premium paid.
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