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Question # 66

Which option strategy creates a synthetic long futures position?

Options:

A.

Long call + Short put

B.

Long call + Long put

C.

Short call + Long put

D.

Long put + Short futures

Question # 67

The cost of carrying inventory, like storage and insurance, is reflected in:

Options:

A.

Arbitrage

B.

Carrying charge

C.

Intrinsic value

D.

Time value

Question # 68

Which strategy sets a price ceiling for a grain elevator?

Options:

A.

Long call

B.

Short call

C.

Long put

D.

Short put

Question # 69

A speculator believes gold will rise modestly but wants limited risk. Best strategy?

Options:

A.

Long gold futures

B.

Buy gold call option

C.

Short gold put option

D.

Buy gold straddle

Viewing question 14 out of 14 questions


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Series 3 License Overview

Name Series 3 License
Code Series 3 License
Vendor Finance, Insurance and Real Est
Certification Financial Industry Regulatory Authority (FINRA)

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