An investor purchases a long call at a price of $2.50. The strike price at expiration is $35. If the current stock price is $35.10, what is the break-even point for the investor?

A) $32.50
B) $35
C) $37.50
D) $37.60

Long Call

A long call is an options trading strategy where the investor purchases a call option with the expectation that the underlying stock will increase in value before the option expires.

Strike Price

The fixed price at which the owner of an option can buy (in case of a call option) or sell (in case of a put option) the underlying asset.

Break-Even Point

The financial position at which cost and revenue are equal, resulting in neither profit nor loss.