Q. Ms. Kiran wrote a European call option on a stock. The premium was Rs.5 per share and the market price and exercise price of the share were Rs.39 and Rs.45 respectively. If on expiry date, the price of the share was Rs. 42, the profit/loss to Ms. Kiran was (Solved)
1. Rs.3
2. –Rs.4
3. –Rs.5
4. Rs.4
- d. Rs.4