A Covered Call Position Is

question 9

Multiple Choice

A covered call position is:

• A) the purchase of a share at the same time as selling a put on that share.
• B) the simultaneous purchase of a call and the underlying asset.
• C) selling a share short at the same time as selling a call on that share.
• D) the purchase of a share at the same time as selling a call on that share.

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Definitions:

On-The-Job Training

A form of training taking place in a normal working situation using the actual tools, equipment, documents, or materials that trainees will use when fully trained.

Performance Advice

Recommendations or guidance aimed at improving an individual's or group's work results.

Intent of Socialization

The purpose behind the process of learning and integrating values, behaviors, and norms of a society or group to become functional members.

Work Environment

The physical and psychological conditions under which employees work.