6. Advantages of exchange traded options over OTC options include all but which one of the following? 7. You buy a call option and a put option on General Electric. Both the call option and the put option have the same exercise price and expiration date. This strategy is called a __________. 8. The value of a listed call option on a stock is lower when ________________. 9. The value of a listed put option on a stock is lower when ________________. 10. The potential loss for a writer of a naked call option on a stock is __________. 11. Buyers of listed options __________ required to post margins and writers of listed options __________ required to post margins. 12. To establish a bull money spread with calls you would ________________.
13. Ignoring commissions, the cost to establish the bull money spread with calls would be ________.
14. If in June the stock price is $ 53 your net profit on the bull money spread would be ___.
15. Suppose you establish a bullish money spread with the puts. In June the stock ' s price turns out to be $ 52. Ignoring commissions the net profit on your position is ___.
16. If an asset price declines, the investor with a _______ is exposed to the largest potential loss.
17. Which one of the following contracts require no cash to change hands when initiated?
18. The open interest on silver futures at a particular time is the number of __________.