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Basic Question 10 of 11

The breakeven price of a short put position is $45.00 for a stock. The premium received for the put position is $2.50. What will be the profit on the position at expiration if the stock ends at $46.50?

A. -$1.00
B. $1.50
C. $2.50

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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes

Barnes

Learning Outcome Statements

explain the exercise value, moneyness, and time value of an option

CFA® 2024 Level I Curriculum, Volume 5, Module 8.