Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

Finra Series-7 Exam - Topic 3 Question 22 Discussion

Bubba buys one XYZ October 80 put and sells one XYZ October 70 put.What is his position called?
B) money spread
A) calendar spread
C) straddle
D) combination

Finra Series-7 Exam - Topic 3 Question 22 Discussion

Actual exam question for Finra's Series-7 exam
Question #: 22
Topic #: 3
[All Series-7 Questions]

Bubba buys one XYZ October 80 put and sells one XYZ October 70 put.

What is his position called?

Show Suggested Answer Hide Answer
Suggested Answer: B

money spread. Since the strike prices are different, but not the expiration date, this is a money spread (sometimes called a ''price spread'' or a ''vertical spread'').


by Nobuko at May 08, 2022, 02:12 PM

Limited Time Offer

25%

Off

Get Premium Series-7 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

0/2000 characters
Submit Cancel
Gaynell
9 months ago
Yeah, it's a money spread for sure!
upvoted 0 times
...
Carmen
10 months ago
Wait, is it really called a combination? Sounds off.
upvoted 0 times
...
Derick
10 months ago
I thought it was a straddle at first, but nope!
upvoted 0 times
...
Maybelle
10 months ago
Definitely not a calendar spread.
upvoted 0 times
...
Regenia
10 months ago
That's a bull put spread!
upvoted 0 times
...
Katheryn
10 months ago
I feel like this is definitely not a calendar spread, but I can't remember the exact term for this setup.
upvoted 0 times
...
Adolph
11 months ago
I practiced a similar question, and I think it was called a straddle, but that doesn't seem right here.
upvoted 0 times
...
Genevive
11 months ago
I'm not entirely sure, but I remember something about spreads. Could it be a money spread?
upvoted 0 times
...
Yolande
11 months ago
I think this might be a combination since he's buying one put and selling another at a different strike price.
upvoted 0 times
...
Isreal
11 months ago
Hmm, I'm a bit unsure about this one. The wording is a bit confusing, and I'm not totally familiar with all the Incoterms. I'll have to think it through carefully and make sure I understand the differences between the options.
upvoted 0 times
...
Joye
11 months ago
Okay, the instructions seem clear. I'll make sure to check the status of the services after the install and then access the web interface.
upvoted 0 times
...

Save Cancel