LEAPS Are Typically

question 21

Multiple Choice

LEAPS are typically:

• A) more expensive than short-term options.
• B) cheaper than short-term options.
• C) only available for major indexes, not individual stocks.
• D) long-term options, with maturities between 5 and 10 years.

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Definitions:

Arrhythmia

A condition characterized by an irregular heartbeat, which can range from harmless to life-threatening abnormalities in heart rhythm.

Beat

The basic unit of time in musical rhythm, or the act of striking something to produce a sound or indicate rhythm.

Ventricles

The two lower chambers of the heart that receive blood from the atria and pump it out to the body and lungs.

Cycle

A sequence or series of events that recur regularly and usually lead back to the starting point.