Sorry for the dumb question. The price of a stock is 2.49. RH has this option available:
[https://i.imgur.com/3MMw9UN.png](https://i.imgur.com/3MMw9UN.png)
RH says breakeven is +0.40%. However, the option costs $250 ($2.50 x 100). If the stock reaches the strike price of 2.50 ("breaking even") didn't I pay $250 for the right to break even, so I would be out $250?
If the strike price equals the current stock price, does that imply that any ask price would be unprofitable to purchase?