Products & RisksCâu 41 / 125
The Options Clearing Corporation (OCC) functions as:
a.The issuer and guarantor of listed options contracts
b.A broker-dealer that recommends option strategies
c.A federal agency that taxes option gains
d.A rating agency for options
Giải thích
The OCC issues all listed options and acts as the central counterparty, guaranteeing performance so that buyers and sellers do not rely on each other's creditworthiness. It also standardizes contract terms and processes assignments, which supports a liquid secondary options market.
Luyện miễn phí toàn bộ 125 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- An investor owns 100 shares of XYZ and sells 1 XYZ call against the position. This strategy is known as:
- An investor who owns 100 shares of a stock and is worried about a near-term decline could best protect the position by:
- An investor buys 100 shares of XYZ at $48 and buys 1 XYZ 45 put for 2 (a protective put). What is the maximum loss?
- Systematic risk refers to:
- Reinvestment risk is most significant for an investor who:
- Credit (default) risk on a corporate bond is best assessed by reviewing:
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