If You Prepare to Move Left in a Right-Left Choice

question 7

Short Answer

If you prepare to move left in a right-left choice movement situation,but the signal tells you to move right,your reaction time will be ________ than if you had prepared to move either direction.

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Definitions:

Expiration Date

The specific date upon which an options or futures contract is no longer valid and the right to exercise it ceases.

Call Contract

A financial contract giving the buyer the right, but not the obligation, to buy a stock, bond, commodity, or other asset at a specified price within a specified period.

Premium

The amount by which the price of a bond or stock exceeds its principal or par value, or the payment above the risk-free rate made for an insurance policy.

Expiration Date

The date on which an option, futures contract, or other derivative expires and becomes void.