You Own 200 Shares of Allen Bros

question 76

Multiple Choice

You own 200 shares of Allen Bros. stock. Which one of the following would allow you to receive an option premium in exchange for selling your shares in Allen Bros. at the strike price?

• A)straddle
• B)long spread
• C)selling a put
• D)buying a call
• E)writing a covered call

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Definitions:

Coal Formation

The process by which dead plant material over millions of years is transformed under heat and pressure into coal.

Heat Content

The total amount of heat energy contained in a substance or system.

Natural Gas

A type of fossil fuel primarily composed of methane that serves as a source of energy for activities such as heating, cooking, and producing electricity.

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Areas designated for the preservation of wildlife, natural resources, or cultural heritage, with restrictions on development and use.