n NISM Certifications
XIII NISM Series XIII
Medium

You sold a Rs.300 put option for Rs.20 premium. The lot size is 1000. On expiry, the stock closes at Rs.250. What is his net profit/loss?

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

Options

  1. A

    -Rs.30,000

  2. B

    +Rs.30,000

  3. C

    +Rs.70,000

  4. -Rs.70,000

    Correct answer

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

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