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:

Cultural Differences

Variations in practices, beliefs, and values among different societies or communities.

Assessing

The process of evaluating or estimating the nature, ability, or quality of something or someone.

Diagnosing

The process of identifying a disease or condition from its symptoms and clinical signs.

Research Domain Criteria

A framework for research into mental disorders that integrates genetics, neuroscience, and behavior to better understand the complexities of mental health.