单选题 Aleda Jones owns a stock and buys an at-the-money put option for a premium of $3.00. If the breakeven ( zero profit) point of this portfolio insurance strategy is $92, the strike price of the option is :

A、

A. $89.00.
B、

B. $95.00.
C、

C. $3.00.

【正确答案】 A

【答案解析】The strike price of an at-the-money put option in a portfolio insurance strategy is the breakeven (zero profit) point minus the put premium ( $92 - $3).