Which Suggestion Would Be Most Important to Give a Client

question 23

Multiple Choice

Which suggestion would be most important to give a client who has a mild case of bunions?

• A) Avoid strenuous exercise.
• B) Avoid foot creams.
• C) Don proper footwear.
• D) Regularly use analgesics.

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Definitions:

Strike Price

The predetermined price at which the holder of an option contract can buy (in case of a call option) or sell (in case of a put option) the underlying asset.

Expiration Date

The specific date on which an options or futures contract becomes void and the right to exercise it no longer exists.

American Call

An option contract that allows the holder to buy a specified quantity of an underlying asset at a set price before the contract expires.

Option Exercise

The act of utilizing the right, but not the obligation, to buy or sell an underlying security at a pre-determined price within a specified time frame.