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PuzzleTitle=Introduction to Stock Options
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PuzzleCopyright=Play Games...Pass the Test   © TESTivity
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CWA=A wide variety of financial instruments that derive their cash flows, and therefore, their value to an underlying asset, reference rate or index
CWA=The "in the money" amount of a stock option represents its _____ value
CWA=With stock options, the difference between the intrinsic value and the total premium is the (2 words)
CWA=An instrument that gives the owner the right to buy or sell a specified number of shares of a specified stock at a specified price within a specified period of time (2 words)
CWA=Option contracts expire on the first Saturday after the _____ Friday of the expiration month of the contract
CWD=Each contract of an option controls 100 ____ of the equity security that the option represents
CWD=To effect the transaction offered by a stock option, right or warrant
CWD=What is the maximum potential loss when writing an uncovered call?
CWD=A ____ option is the right to purchase the underlying security by the holder at the predetermined strike price
CWD=When an investor believes a stock, industry or market will decrease in value he/she is
CWD=100% of the amount Invested is the maximum potential loss when _____ a call
CWD=An investor who is ____a stock may purchase a put to protect against downside risk.
CWD=A contract that grants the right to sell at a specified price a specified number of shares by a certain date