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 __________.