You buy a call option on Merritt Corp. with an exercise price of $50 and an expiration date in July, and you write a call option on Merritt Corp. with an exercise price of $55 and an expiration date in July. This is called a ________.

A. time spread
B. long straddle
C. short straddle
D. money spread


D. money spread

Business

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If Ben Stewart has a checking account at First Bank:

A) the relationship between Ben and his bank is based primarily on their contractual agreement. B) First Bank is a creditor and Ben is a debtor. C) Ben is an agent of First Bank. D) First Bank must honor all of Ben's checks.

Business

A researcher can check whether the errors are normally distributed by using:

a. a t-test or an F-test b. the Durbin-Watson statistic c. a frequency distribution or the value of the regression coefficient d. a histogram or a Q-Q plot

Business

Key performance indicators (KPIs) that require ownership and commitment to the objectives by all involved parties are needed for the success of relationship-based strategies

Indicate whether the statement is true or false

Business

Gordon Jimenez' boss tells him to develop a financial plan. Of the following factors, Gordon will MOST LIKELY consider ________

A) past company plans that were never implemented B) actions of companies in other industries C) the current and future state of the economy D) the level of production costs from 10 years prior E) profit levels of companies in other industries

Business