Finra Exam Series-7 Topic 1 Question 12 Discussion

Actual exam question for Finra's Series-7 exam

Question #: 12
Topic #: 1

When an index option is exercised, settlement is made by:

Adelivery of the underlying securities

Bdelivery of a futures contract

Ccash

Dany of the above

Show Suggested Answer

Suggested Answer: C

cash. Index options are settled by payment of cash.

by Katina at May 08, 2022, 09:48 PM

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