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

Astrike price

Bspread

Cpremium

Dexercise price

Show Suggested Answer

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

10 months ago

Really? I always thought it was more complicated than that.

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Ling

10 months ago

Nope, definitely the premium.

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Shenika

11 months ago

Wait, I thought it was the strike price?

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Pansy

11 months ago

Totally agree, premium is the right term.

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Georgene

11 months ago

It's called the premium!

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Corazon

11 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

11 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

11 months ago

I remember practicing a question like this, and I think the correct answer is C, premium.

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Catalina

11 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

11 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

11 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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