The Purchase of a June 25 Call on XXO Stock

question 132

Multiple Choice

The purchase of a June 25 call on XXO stock and the sale of a June 30 call on XXO stock is known as a

• A)long straddle.
• B)short straddle.
• C)vertical spread.
• D)horizontal spread.

---

Definitions:

Hippocampus

A major component of the brain's limbic system involved in memory formation and spatial navigation.

Engram

A hypothetical permanent change in the brain accounting for the existence of memory; a memory trace.

Mental Trauma

Psychological damage resulting from a distressing event, leading to difficulties in coping or functioning normally in everyday life.

Emotional Focus

A therapeutic approach or personal practice centered on acknowledging and addressing emotional responses to situations, rather than intellectual or problem-solving strategies.