A Spread That Is Profitable If the Options Are In-The-Money

question 23

True/False

A spread that is profitable if the options are in-the-money is called a money spread.

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Definitions:

Initialism

An abbreviation consisting of initial letters pronounced separately, such as FBI for Federal Bureau of Investigation.

Acronym

A word formed from the initial letters of the words in a phrase or series of words.

Combining Form

A word root with a vowel at the end that is used to construct medical and scientific terms.

Suffix

A letter or group of letters added at the end of a word to modify its meaning or change it into a different word form, such as a noun to an adjective.