NO.PZ201712110100000203
问题如下：
Based on Exhibit 1, the breakeven share price of Strategy 3 is closest to:
选项：
A.€92.25.
€95.61.
€95.82.
解释：
A is correct.
Strategy 3 is a covered call strategy, which is a combination of a long position in shares and a short call option. The breakeven share price for a covered call is the share price minus the call premium received, or S0 – c0. The current share price of IZD is €93.93, and the IZD April €97.50 call premium is €1.68. Thus, the breakeven underlying share price for Strategy 3 is S0 – c0 = €93.93 – €1.68 = €92.25.
breakeven price不应该是股价上涨部分刚好等于获得的期权费吗，ST-S0=C吗？
