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If the price of the put option is 3.1 and it enables us to sell the underlying asset at strike price 216 next Monday then
If the price of the put option is 3.1 and it enables us to sell the underlying asset at strike price 216 next Monday then what is the break-even level of this assets's market price of Monday? Note: The option purchase starts generating profit if the market price is below the break even level.
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