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Finra Series-7 Exam - Topic 2 Question 27 Discussion

Actual exam question for Finra's Series-7 exam
Question #: 27
Topic #: 2
[All Series-7 Questions]

The price an investor pays for a listed option is called the

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Suggested Answer: C

premium. That's the term for the option cost.


by Tiffiny at May 07, 2022, 04:55 AM

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Gerald
7 months ago
Really? I always thought it was more complicated than that.
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Ling
7 months ago
Nope, definitely the premium.
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Shenika
7 months ago
Wait, I thought it was the strike price?
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Pansy
7 months ago
Totally agree, premium is the right term.
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Georgene
8 months ago
It's called the premium!
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Corazon
8 months ago
I feel like the exercise price is related, but it’s not the same as what we pay for the option.
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Alyce
8 months ago
The term "strike price" keeps coming to mind, but I don't think that's what they mean here.
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Mozell
8 months ago
I remember practicing a question like this, and I think the correct answer is C, premium.
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Catalina
8 months ago
I think the price we pay for an option is called the premium, but I'm not entirely sure.
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Delpha
8 months ago
Okay, let's see. I know we need IIS and .NET, but the database component is throwing me off a bit. I'll have to double-check the documentation on this.
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Janine
8 months ago
This looks like a tricky question. I'll need to carefully consider the options and think through the logic.
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