Julie Opted to Exercise Her August Option on June 20^th

question 105

Multiple Choice

Julie opted to exercise her August option on June 20^th and as a result received $2,500 for the sale of her shares.Which one of the following did Julie own?

• A)warrant
• B)American call
• C)American put
• D)European call
• E)European put

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Definitions:

Electrode

A conductor through which electricity enters or leaves an object, substance, or region, used for various applications including medical devices and experiments.

Electric Shock

A sudden discharge of electricity through a part of the body, which can cause various physiological reactions, from minor discomfort to severe injury or even death.

Concept

An abstract idea or a mental symbol typically representing classes of items or events that share common attributes.

Medial Forebrain Bundle

A pathway in the brain involved in the mediation of reward and pleasure through the transmission of dopamine.