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Finra Exam Series-7 Topic 6 Question 103 Discussion

Actual exam question for Finra's Series-7 exam
Question #: 103
Topic #: 6
[All Series-7 Questions]

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

What is his position called?

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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'').


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Lonna
2 days ago
Ain't no way I'm gonna get this one wrong, y'all. I've been trading options since I was in diapers.
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