Being Long a Futures Contract Is Equivalent to Purchasing a Put

question 30

True/False

Being long a futures contract is equivalent to purchasing a put option.

---

Definitions:

Psychological Disorder

A pattern of behavioral or psychological symptoms that impact multiple areas of life and create distress for the person affected.

Tricyclic Drugs

Tricyclic drugs are a class of antidepressant medications that work by altering the balance of certain chemicals in the brain to help improve mood and relieve symptoms of depression.

Sleep Apnea

An ailment disrupting rest, characterized by halted breathing or minimal breathing during periods of sleep.

Schizophrenia

A chronic psychological condition characterized by a disconnection among thought, emotion, and behavior which results in distorted perceptions, unsuitable actions and emotions, and detachment from reality.