Which of the Following Best Describes "Stack and Roll

question 11

Multiple Choice

Which of the following best describes "stack and roll"?

• A) Creates long-term hedges from short term futures contracts
• B) Can avoid losses on futures contracts by entering into further futures contracts
• C) Involves buying a futures contract with one maturity and selling a futures contract with a different maturity
• D) Involves two different exposures simultaneously

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Definitions:

Long-term Effects

Consequences or impacts of an action, condition, or decision that appear or persist over a long period of time.

Sleep Deprivation

A condition resulting from inadequate quantity or quality of sleep, either voluntarily or involuntarily, leading to significant impairments in cognitive and physiological functions.

Tolerance

A physiological condition in which more of a substance is required to achieve the same effect, often due to prolonged use.

Withdrawal

The experience of symptoms that occur after discontinuing or reducing intake of a psychoactive substance or behavior that has become habitual.