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What type of order initiates a short position? BTO STO BTC STC What type of order closes out an existing short position? BTO STO BTC
- What type of order initiates a short position?
- BTO
- STO
- BTC
- STC
- What type of order closes out an existing short position?
- BTO
- STO
- BTC
- STC
- What is the type of order where a pair of orders is entered and one is canceled when the other is filled?
- OCO
- IOC
- AON
- FOK
- An order that is automatically canceled at the close of the trading day is a ______ order.
- GTC
- stop loss
- stop limit
- day
- An order that is automatically renewed every trading day until it has been canceled is a ____ order.
- GTC
- stop loss
- stop limit
- day
- An IOC order is a ______________________?
- limit order that needs to be filled immediately in its entirety
- limit order that needs to be filled immediately for any portion
- limit order that needs to be filled entirely at the soonest possible time
- none of the above
- An AON order is a _______________________?
- limit order that needs to be filled immediately in its entirety
- limit order that needs to be filled immediately for any portion
- limit order that needs to be filled entirely at the soonest possible time
- none of the above
- A FOK order is a _________________________?
- limit order that need to be filled immediately in its entirety
- limit order that needs to be filled immediately for any portion
- limit order that needs to be filled entirely at the soonest possible time
- none of the above
- A stop loss order is ________________.
- placed above the market for a buy order
- placed below the market for a sell order
- becomes a market order when a specific price is traded at or through
- all of the above
- A stop limit order is ____________________.
- placed above the market for a buy order
- placed below the market for a sell order
- becomes a limit order when a specific price is traded at or through
- all of the above
- Edward O. Thorps book developed a crude pricing methodology for __________.
- writs
- warrants
- subpoenas
- stays
- The first options pricing model was developed by ______________.
- Merton & Scholes
- Black & Scholes
- Thorp & Black
- Gilbert & Sullivan
- The 1973 Nobel Prize was awarded to ________________.
- Merton & Scholes
- Black & Scholes
- Thorp & Black
- Gilbert & Sullivan
- The first exchange to list options was the _______________.
- NYSE
- CME
- AMEX
- CBOE
- One call option on equities represents _______________.
- 1 share of long stock
- 100 shares of long stock
- 1 share of short stock
- 100 shares of short stock
- One put option on an ETF represents
- 1 share of long etf
- 100 shares of long etf
- 1 share of short etf
- 100 shares of short etf
- One call option on futures represents
- 1 long futures contract
- 100 long futures contracts
- 1 short futures contract
- 100 short futures contracts
- One put option on futures represents
- 1 long futures contract
- 100 long futures contracts
- 1 short futures contract
- 100 short futures contracts
- When a trader buys 1,000 shares of stock and then sells 1,500 shares of the same stock they are
- flat
- net long 1,000 shares
- net short 1,500 shares
- net short 500 shares
- When a trader shorts 2,000 shares of stock and then buys 3,000 shares of the same stock they are
- flat
- net long 1,000 shares
- net short 1,500 shares
- net short 500 shares
- Options that can only be exercised at expiration are
- Peruvian style options
- British style options
- European style options
- American style options
- Options that can be exercised at any time are
- Peruvian style options
- British style options
- European style options
- American style options
- One advantage of American style options is
- hearing the news first
- that they dont use the metric system
- dividend plays
- better stocks to trade on
- A trader buys 2,000 shares of stock and then sells 2,000 shares of the same stock they are
- flat
- net long 2,000 shares
- net short 2,000 shares
- none of the above
- An SOS order is a
- discretionary order
- contingency order
- ballistic order
- controversial order
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