Question
The following are four customer accounts. #1. Long 70,000 March XYZ calls and long 6,000 March XYZ puts #2. Long 70,000 March XYZ calls and
The following are four customer accounts.
#1. Long 70,000 March XYZ calls and long 6,000 March XYZ puts
#2. Long 70,000 March XYZ calls and long 6,000 July XYZ calls
#3. Long 70,000 March XYZ calls and short 6,000 July XYZ calls
#4. Long, 70,000 March XYZ calls and short 6,000 March XYZ puts
Which accountd are in violation of the exchanges position limit which is equal to 75,000 contracts for XYZ? Please explain
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The Oxford Guide To Financial Modeling
Authors: Thomas S Y Ho, Sang Bin Lee
1st Edition
019516962X, 9780195169621
