It's the security or market price point at which the position would result no profit, no loss scenario. Often it's calculated against the expiry date of position. If the break even point changes with time it's called dynamic break even point.

It's the security or market price point at which the position would result no profit, no loss scenario. Often it's calculated against the expiry date of position. If the break even point changes with time it's called dynamic break even point.