Question 16 5 pts (TCO F) What is the approximate value of delta for a deep-in-t
ID: 2785584 • Letter: Q
Question
Question 16 5 pts (TCO F) What is the approximate value of delta for a deep-in-the-money call? 1.0 0.5 -0.5 0.1 Question 17 5 pts (TCO F) Vega is least for options that are ______. out of the money in the money near the money deep in the money Question 18 5 pts (TCO A) Options on foreign currencies trade primarily on _______. the New York Stock Exchange the Chicago Board Options Exchange the American Stock Exchange the Philadelphia Stock Exchange Question 19 5 pts (TCO D) A trader sold a Sep 50 put for $5. At expiration, the stock closed at $53. What was the net result after the trader delivered the stock? $3 profit $2 profit $1 loss $5 profit Question 20 5 pts (TCO B) Who wins when a market is cornered? Shorts Longs Both Neither
Explanation / Answer
Question 16 5 pts (TCO F) What is the approximate value of delta for a deep-in-the-money call? 1.0
Question 17 5 pts (TCO F) Vega is least for options that are ______. out of the money
Question 18 5 pts (TCO A) Options on foreign currencies trade primarily on _______. the Chicago Board Options Exchange
Question 19 5 pts (TCO D) A trader sold a Sep 50 put for $5. At expiration, the stock closed at $53. What was the net result after the trader delivered the stock? $5 profit
Question 20 5 pts (TCO B) Who wins when a market is cornered? Shorts