Rosalita purchased a put option with a strike price of $35.She paid a total of $140 for the contract.What is the break-even stock price?
A) $31.40
B) $33.60
C) $38.00
D) $41.60
E) $42.80

Name: Rosalita purchased a put option with a strike price of $35.She paid a total of $140 for the contract.What is the break-even stock price? A) $31.40 B) $33.60 C) $38.00 D) $41.60 E) $42.80
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Question

Quizplus · Accepted Answer

Break-even stock price = $35 - ($140 / 100) = $33.60

Rosalita Purchased a Put Option with a Strike Price of $35.She