Exam (elaborations)
SIE Mastery Exam 2 Review Questions with 100% Correct Verified Answers
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A customer buys 100 shares of ABC stock which is now trading at $63. A month later the market goes to $65. The customer thinks the market will remain near $65 in the following months, so he decides to sell 1 ABC Sept 65 Call @ $3. ABC then goes to $60 and the customer's call contract expires and...
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