The Trader Who Holds the Long Position in a Futures

question 60

Multiple Choice

The trader who holds the long position in a futures contract:

• A)must settle it by buying the contract item on the settlement date
• B)has sold the futures contract
• C)can closeout their position any time prior to the settlement date by taking an offsetting short position
• D)has a contractual obligation to sell the contract item on the settlement date
• E)can only closed-out the position early with the agreement of the contract's seller.

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Definitions:

Environment

The surrounding conditions, influences, or forces which affect the development, action, or survival of an individual or organism.

Gene-environment Interactions

The complex interplay between genetic predispositions and environmental factors that influence individual characteristics and behaviors.

Trait Expression

The manner in which an individual's characteristics or qualities are displayed or manifested in their behavior.

Behavioral Genetic Research

The study of the role genetic and environmental variables play in shaping behaviors, using methods like twin studies, family studies, and adoption studies.