1) A stock option is on a February cycle (Feb, May, Aug, Nov), what options trade on June 5th:

Select one:

a. On June 5th options trade with expiration months of June, August, November and February

b. On June 5th options trade with expiration months of June, July, August and November

c. On June 5th options trade with expiration months of July, August, November and February

d. On June 5th options trade with expiration months of July, August and November

2) Suppose that the Treasury bond futures price is 95-22.

Bond	Quoted Price	Conversion Factors
1	123-07	1,20
2	134-17	1,23
3	94-29	0,95
4	97-25	0,80

Which of the following four bonds is cheapest to deliver?

Select one:

a. Bond 2 is the cheapest to deliver

b. Bond 4 is the cheapest to deliver

c. Bond 1 is the cheapest to deliver

d. Bond 3 is the cheapest to deliver

3)

The maximum loss you can suffer if you short a call option:

Select one:

a. The loss is limited to the strike price.

b. The unlimited loss or the stock price at the exercise minus the strike price.

c. None of these is correct.

d. The loss is limited to the call premium.

e. The unlimited loss or the stock price at the exercise.

Clear my choice