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:

Encoding

The process of converting the sender’s ideas into a message, which could be verbal, visual, or both.

Pictures

Visual representations captured by cameras, drawn, or painted, used for art, entertainment, documentation, or communication purposes.

Advertising

The activity or profession of producing advertisements for commercial products or services to stimulate consumer interest.

Noise

Any interference that stems from competing messages, a lack of clarity in the message, or a flaw in the medium; a problem for all communication channels.