Module 5 knowledge check

The strike price of an option is?

A put option is the right but not the obligation to sell a specified amount of futures for a certain period of time at a specified price?

Which is the most direct hedge?

For Speculators, which can be a lower cost and less risky?

In a call option purchase who has the right to sell?

What is the maximum profit an option seller can make?

An out of the money option is when?

An at-the-money option is when?

An in the money call option has intrinsic value when?

An out-of-the-money option has no intrinsic value