n NISM Certifications
VII NISM Series VII
Medium

Which is the final exercise settlement price of options contracts on index/individual securities?

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

Options

  1. A

    Closing price on the first trading day of the options contract

  2. B

    Closing price on the fifteenth trading day

  3. C

    Closing price on the twenty-first trading day

  4. Closing price on the last trading day

    Correct answer

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

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