If You Were to Purchase an October Option with an Exercise

question 65

Multiple Choice

If you were to purchase an October option with an exercise price of 50 for 8 and simultaneously sell an October option with an exercise price of 60 for 2,you would be

• A) Bullish and taking a high risk.
• B) Bullish and conservative.
• C) Bearish and taking a high risk.
• D) Bearish and conservative.
• E) Neutral.

Analyze statements and concepts critically to identify stereotypes and racial biases.

Understanding the basic concepts and definitions within the field of ethics.

Differentiating between various ethical theories such as ethical relativism, cultural relativism, ethical absolutism, and ethical pluralism.

Recognizing the importance and implications of studying ethics, especially within the criminal justice system.

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Definitions:

Affirmative Covenants

Clauses in a loan agreement that require the borrower to perform certain actions to maintain the terms of the loan.

Borrower Must

Requirements or conditions that a borrower is obliged to meet in order to qualify for a loan or maintain its good standing.

Agency Cost

Agency cost refers to the expenses incurred due to the conflict of interest between shareholders and management within a company.

Principals

Fundamental truths or propositions that serve as the foundation for a system of belief or behavior or for a chain of reasoning.