The Spot Price of Silver Closes at $7 Per Ounce

question 103

Multiple Choice

The spot price of silver closes at $7 per ounce at the expiration of an option contract.Which one of the following option positions will have value?

• A)The buyer of a call with $5 strike price.
• B)The seller of a call with $5 strike price.
• C)The buyer of a put with $5 strike price.
• D)None of the choices.

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Definitions:

COP Instruction

A command used in PLC programming that copies a block of data from one area to another in memory.

FAL Instruction

In the context of industrial control systems, it could refer to a specific instruction or command within a controller's programming, but the exact definition may vary based on the system.

Speed

The rate at which an object covers distance or an operation is performed.

Value

The numerical quantity or magnitude associated with an entity or assigned to a variable.