Previous Poll Results 4/06/2006

For a buyer of a call, where does the market have to be at expiration to break even not including commissions and fees?

A: Above the strike price plus premium recevied

B: At the strike price plus premium paid

C: At the strike price less premium paid

D: I should learn more about options because I don't know

The answer is B, The breakeven point for a long call is the strike price plus the premium paid.

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