When You Wish to Own the Underlying Security, Your Spot

question 18

Multiple Choice

When you wish to own the underlying security, your spot position is _______.

• A)fat.
• B)long.
• C)short.
• D)skinny.
• E)a.and c.

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Definitions:

Subjective Approach

A perspective or method that relies on personal opinions, interpretations, feelings, or tastes, rather than objective or external facts.

Contract Determination

The process of establishing the terms of a contract, including its obligations, benefits, and conditions, often through negotiation.

Enforcement

The act of compelling compliance with a law, rule, agreement, or order.

Acceptance

In contract law, an expression of agreement to the terms of an offer that results in a binding contract between the parties.