[Solved] The sale of a call option on a stock the seller already owns is referred to as A) a covered call. B) a naked call. C) call on futures. D) futures on options. Binomial Table: A table used to find the probability of obtaining a fixed number of successes in a given number of trials in a binomial experiment. Binomial Random Variable: A type of random variable that takes on one of two possible outcomes with specified probabilities, often representing success or failure. Final Exam Week: A specified period at the end of an academic term during which students undergo final exams. Probability Distribution: A mathematical function representing the complete set of possible values and their chances of occurrence for a random variable within a certain limit.