Kyle Believes the Price of Ajax Shares Is About to Decrease

question 63

Multiple Choice

Kyle believes the price of Ajax shares is about to decrease. If he wants to profit from the decline in price, he should____________ on Ajax shares.

• A) sell a put
• B) buy a put
• C) write a put
• D) buy a call

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Definitions:

Generalized Beliefs

Beliefs that are broad, without specific details, and apply to many different situations.

People's Explanations

The reasons or justifications individuals give to make sense of their behaviors or occurrences in their environment, often studied in the context of attribution theory.

Culture

The shared beliefs, values, norms, behaviors, and material objects that constitute a people’s way of life.

Traditions

Beliefs or behaviors passed down within a group or society with symbolic meaning or special significance, often originating in the past.