You Buy a Call Option on Summit Corp

question 55

Multiple Choice

You buy a call option on Summit Corp.with an exercise price of $40 and an expiration date in September and write a call option on Summit Corp.with an exercise price of $40 and an expiration date in October.This strategy is called a _________.

• A) time spread
• B) long straddle
• C) short straddle
• D) money spread

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Definitions:

Obsessive-Compulsive Disorder

A mental disorder characterized by intrusive thoughts (obsessions) that produce uneasiness, apprehension, fear, or worry; and repetitive behaviors (compulsions) aimed at reducing the associated anxiety.

Panic Disorder

A psychiatric disorder characterized by recurring panic attacks and ongoing fear of a panic attack occurring.

Prevalence

A measure of how common a particular condition or behavior is within a population over a specific period.

Psychological Disorders

Disorders characterized by abnormal thoughts, feelings, and behaviors that significantly impair an individual's daily functioning.