"Birds of a Feather Flock Together" Is an Expression That

question 52

True/False

"Birds of a feather flock together" is an expression that illustrates the concept of closure.

---

Definitions:

Naked Call Option

An options strategy where the investor sells call options without owning the underlying asset, exposing them to unlimited potential losses.

Potential Loss

The amount of money that could be lost in an investment or financial transaction under adverse conditions.

Call Premium

The amount by which the price of a call option exceeds its intrinsic value, reflecting the cost to purchase the option above its immediate exercise value.

Call Contract

An agreement that gives the option buyer the right, but not the obligation, to buy a specified quantity of an asset at a predetermined price within a certain time frame.