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Basic Question 1 of 16

If you write a call option (the option to buy a stock at a predetermined price in 6 month), you are said to have a ______ position.

A. long
B. short

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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes

Barnes

Learning Outcome Statements

compare positions an investor can take in an asset

calculate and interpret the leverage ratio, the rate of return on a margin transaction, and the security price at which the investor would receive a margin call

CFA® 2024 Level I Curriculum, Volume 3, Module 1.