单选题 A June put option has a premium of $1.50. At expiration, the breakeven value of the underlying asset is $36.50. The strike price of the option is :
  • A. $1.50.
  • B. $36.50.
  • C. $38.00.
【正确答案】 C
【答案解析】The strike price of the put option is determined as the breakeven (zero profit) point plus the option premium ( $36.50 + 1.50). Remember that the breakeven point for both the buyer and seller of a call option is the strike price plus the premium.