Products & Risks第 29 / 125 题
An investor buys 1 XYZ call with a 50 strike for a premium of 3. What is the breakeven point at expiration?
a.$53
b.$50
c.$47
d.$56
解析
For a long call, breakeven equals the strike price plus the premium paid: 50 + 3 = $53. The stock must rise above $53 for the position to be profitable, because the buyer must recover the premium before earning a net gain.
免费刷完整 125 道题库 — 无需注册。
同考点相关题目
- A real estate investment trust (REIT) that qualifies for favorable tax treatment must generally:
- A key characteristic of a direct participation program (DPP), such as a limited partnership, is that:
- An investor buys 1 XYZ call option with a strike price of 50 for a premium of 3. What is the maximum loss on this long call position?
- An investor writes (sells) 1 uncovered XYZ call with a 50 strike for a premium of 3. The maximum potential loss is:
- An investor buys 1 XYZ put with a 40 strike for a premium of 2. What is the maximum gain on this long put?
- An investor buys 1 XYZ put with a 40 strike for a premium of 2. What is the breakeven point at expiration?