When the Futures Expires Before the Hedge Is Terminated and the Hedger

question 59

Multiple Choice

When the futures expires before the hedge is terminated and the hedger moves into the next futures expiration,it is called

• A)spreading the hedge
• B)rolling the hedge forward
• C)optimally weighting the hedge
• D)all of the above
• E)none of the above

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Definitions:

Thoracic

Pertaining to the chest area, specifically referencing the part of the spine that connects to the ribs.

Cervical

Relating to the cervix, the lower, narrow part of the uterus that connects to the vagina, or relating to the cervical vertebrae in the neck.

Sacral

Pertaining to the sacrum, a large, triangular bone at the base of the spine that forms the back wall of the pelvis.

Synovial

Pertaining to or secreting synovia, a lubricating fluid found in the cavities of synovial joints, facilitating smooth movement.