An Option That Would Not Yield a Positive Payoff If

question 66

Multiple Choice

An option that would not yield a positive payoff if exercised today is referred to by which one of the following terms?

• A) hollow option
• B) zero option
• C) in-the-cellar option
• D) out-of-the-money option
• E) strike-out

---

Definitions:

Interrelations

The way in which two or more things or phenomena are related or connected to each other.

Mind

The set of cognitive faculties that enables consciousness, perception, thinking, judgement, and memory.

Positive Psychology

A branch of psychology that focuses on the study and enhancement of positive human functioning, happiness, well-being, and flourishing.

Martin Seligman

A psychologist known for his work on positive psychology, learned helplessness, and theories of happiness and well-being.