Finra Exam Series-7 Topic 3 Question 22 Discussion

Actual exam question for Finra's Series-7 exam

Question #: 22
Topic #: 3

[All Series-7 Questions]

Bubba buys one XYZ October 80 put and sells one XYZ October 70 put.

What is his position called?

Acalendar spread

Bmoney spread

Cstraddle

Dcombination

Show Suggested Answer

Suggested Answer: B

money spread. Since the strike prices are different, but not the expiration date, this is a money spread (sometimes called a ''price spread'' or a ''vertical spread'').

by Nobuko at May 08, 2022, 02:12 PM

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