Series 65: Exercise

Exercise

Please match the following positions with a strategy

A. Speculate and use leverage

B. Speculate and increase income

C. Hedge and protect short sale gains

D. Hedge and protect long sale gains

E. Hedge and increase income

1. 1. _ Long 1,000 shares of XYZ, short 10 calls of XYZ
2. 2. _ No other position, short 2 calls of XYZ
3. 3. _ Short 500 shares of XYZ, short 5 puts of XYZ
4. 4. _ Long 200 shares, long 2 puts XYZ
5. 5. _ No other position, long 3 calls of XYZ
6. 6. _ No other position, short 2 puts of XYZ
7. 7. _ Short 300 shares of XYZ, long 3 calls of XYZ
8. 8. _ No