Series 7 - General Securities Representative Exam

Training Mode

Unit 1 Unit 2 Unit 3 Unit 4

Jung paid $3.30 for a January 60/70 Call Spread in YZA stock. YZA is currently trading at $58.42. What is Jung's breakeven at expiration?

YZA must be above $73.30

A

YZA must be above $66.70

B

YZA must be above $63.30

C

YZA must be above $56.70

D