15. Which of the following is true regarding the shorting of options in a risk based account? There is no limit to the number of total (units) that can be shorted. Our clearing firm may require additional margin beyond the initial requirement on or platform. The OCC does not consider the positions of all accounts at clearing firm when assessing risk to that firm. Converting naked option into vertical spreads will not reduce risk. 16. Which of the following is the same synthetic position as long stock short call? Short put Long call Short call Long put 17. Which of the following is NOT permitted when an account is restricted to "Liquidation orders only"? Depositing additional funds or securities into the account. Placing an order to open a naked options position to increase risk Buying to close an uncovered position to reduce risk Selling to close a long position to reduce risk None of the above 18. You have opened several accounts with XYZ broker. Which one of the following is under identical ownership as your individual portfolio margin account? Your Roth Individual Retirement Account Your Individual Margin Account Your Joint With Rights of Survivorship Account Your Corporate Account Your 401k Account