The "Royals" Are an Example of A(n) ______

question 12

Multiple Choice

The "Royals" are an example of a(n) ______.

• A) ethnic prison gang
• B) White street gang
• C) organized crime syndicate
• D) outlaw motorcycle gang

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Definitions:

Short Calls

An options trading strategy where an investor sells call options on an underlying asset they do not own.

Option Clearing Corporation

The organization responsible for ensuring the proper settlement of options contracts and mitigating counterparty risk in the options market.

Post Margin

The amount of collateral a participant must deposit with a clearinghouse to cover potential future losses on positions.

Purchased

The act of acquiring ownership of an asset in exchange for payment.