1. You have established the following positions:- Long 500 ABC NOV 1240 Calls @5-Long 500 ABC NOV 1205 Puts @ 6-What is the traditional margin requirement? O $500,000 O $600,000 $550,000 O $700,000 2. You have established the following position:- Short 10 Nov ABCD 145 Calls @ 2.50-If the price of ABCD is 160 at expiration and you buy the calls back at parity, what is the gain or loss from the short call position? $12,500 gain O$15,000 loss O$12,500 loss O $2,500 gain O None of the above 3. Which of the following choices is a synthetic long put? O Long stock, short put O Long stock, short call O Long stock, long put Short stock, long put Short stock, long call 4. You have established the following position:- Long 100 ABCD 150 Calls- Long 100 ABCD 150 Puts- If the price of ABCD is $150 at expiration, what is the resulting ABCD position in the your account on the business day following expiration? Flat or no position in ABCD O Long 100,000 shares of ABCD O Short 100,000 shares of ABCD O Both (b) and (c) 5. Which of the following is the same synthetic position as long stock, long put? Short put Long call