When a Six-Month Option Is Purchased

question 8

Multiple Choice

When a six-month option is purchased

• A) The price must be paid in full
• B) Up to 25% of the option price can be borrowed using a margin account
• C) Up to 50% of the option price can be borrowed using a margin account
• D) Up to 75% of the option price can be borrowed using a margin account

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Definitions:

Imagining

The action of forming new ideas or images not present to the senses, using the mind.

Personal Conscious

The part of an individual's consciousness that consists of perceptions, thoughts, and feelings that are directly accessible to them.

Core Pattern

Fundamental and recurring behaviors, thoughts, or emotional responses that are central to an individual's personality or typical reactions.

Wishes

Expressions of desire or hope for something to happen, often implying a longing for change or fulfillment.