Options trading Thursday included one particularly big bet calling for a swift, sharp decline in the stock. In what was the fifth-largest trade of the past week, one investor bought 1,000 January $40.42 put options, which grant the right to sell 100,000 Sears shares at that price through the end of next week, for a total of $113,000. That trade needed shares to fall at least 7.7% by next Friday to breakeven, and more to bring in gains.

What is the breakeven price for this investor?

A. 38.79

B. 39.29

C. 39.59

What was the price of SHLD when the trade was executed?

A. 41.34

B. 41.89

C. 42.56

D. 43.27