Finra Exam Series-7 Topic 3 Question 63 Discussion

Actual exam question for Finra's Series-7 exam

Question #: 63
Topic #: 3

Which of the following option positions is indicative of the same class of option?

Along one XYZ July 70 put and one XYZ July 70 call

Blong one XYZ October 20 call and one XYZ January 30 call

Cshort one XYZ February 60 put and one ABC February 60 put

Dshort one XYZ June 40 call and one ABC June 20 call

Show Suggested Answer

Suggested Answer: B

long one XYZ October 20 call and one XYZ January 30 call. Options in the same class are either both puts or both calls on the same security.

by Pamella at Dec 29, 2022, 09:35 AM

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