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A 52-Year-Old Man Comes to the Office for Follow-Up to Discuss

question 101

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A 52-year-old man comes to the office for follow-up to discuss the results of his colonoscopy.  The physician informs the patient that a cancerous polyp was removed and that there is no evidence of invasive cancer at the resection margins.  He is then reassured that he has an excellent prognosis.  In response, the patient curses and shouts angrily, "Are you telling me I should be happy that you found cancer in the first place?  You don't know what you're doing!"  Which of the following is the most appropriate response to the patient?

Discern the financial outcomes and risks associated with complex option positions.
Understand the implications of exercise and expiration for options and warrants, including effects on stock dilution or on the position’s value.
Interpret the role of margins in options trading and identify specific options that may require or exempt traders from posting margins.
Understand the characteristics and behaviors of effective leaders in decision groups.

Definitions:

Recessive

Describing a gene that only expresses its trait when paired with an identical gene on the partner chromosome, often overshadowed by dominant genes.

Phenotype

The observable traits or characteristics of an organism, resulting from the interaction of its genotype with the environment.

Allele

One of two or more alternative forms of a gene that arise by mutation and are found at the same place on a chromosome.

Genotype

The genetic makeup of an organism, consisting of both visible and non-visible traits.

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