[Solved] Explain the implications for an option writer if they elect to write a covered option instead of a naked option. Black Faces: In psychological studies, this term often refers to the use of images of faces of African or African American individuals in research on racial bias and perception. Implicit Association Test (IAT): A psychological test designed to uncover the strength of a person's automatic association between mental representations of objects or concepts. Unconscious Level: A part of the mind that is inaccessible to the conscious mind but affects behavior and emotions. Prejudices: Preconceived opinions or judgments about individuals or groups without sufficient knowledge, often based on stereotypes.