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Finra Exam Series-7 Topic 3 Question 98 Discussion

Actual exam question for Finra's Series-7 exam
Question #: 98
Topic #: 3
[All Series-7 Questions]

Bubba plans to borrow some money and pledge securities as collateral.

Which of the following can he not use as collateral?

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Suggested Answer: C

long one put and short one call. This is a short straddle. A position that is long one put and long one call is a long straddle.


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Linn
4 days ago
I think Bubba cannot use Series EE bonds as collateral.
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