Which of the Following Transactions Can Have an Unlimited Loss

question 46

Multiple Choice

Which of the following transactions can have an unlimited loss?

• A)long straddle
• B)calendar spread
• C)butterfly spread
• D)reverse box spread
• E)none of the above

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Definitions:

Effective Listening

The act of fully hearing, understanding, and responding to messages communicated by others.

Active Listening

The act of fully engaging, comprehending, replying, and retaining what is communicated during a conversation.

Understood

Recognized or perceived clearly by mind.

Relative Orientation

The perspective or approach taken in comparison to others or in relation to a specific context or standard.