Question 38 (1 point)\

ABC

Company shares are currently trading at

$37.50

. For

$2.50

an investor purchases a put option expiring in September with a strike price of

$33.50

. At what

ABC

company share price will this position become profitable for the investor?\ a) At a price above

$36

\ b) At a price above

$40

\ c) At a price below

$31

\ d) At a price equal to

$35