You Own Both a May 20 Call and a May

question 210

Multiple Choice

You own both a May 20 call and a May 20 put. If the call finishes in the money, then the put will:

• A) Also finish in the money.
• B) Finish at the money.
• C) Finish out of the money.
• D) Either finish at the money or in the money.
• E) Either finish at the money or out of the money.

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Definitions:

Class Clown

A common role in academic settings, referring to a student known for their humorous antics and tendencies to entertain peers, often at the expense of disruption.

Socialized

The process by which individuals learn and internalize the values, beliefs, and norms of their culture or society, influencing their behaviors and perspectives.

Buffoons

Individuals who behave in a ridiculous but amusing way; often used to refer to clowns or jesters historically.

Norm

A standard or expectation of behavior within a society or community that guides the actions of its members.