. Chicago Board of Trade

2. All of the above

3. All of the above

4. All of the above

5. Both A and B

6. Both A and B

7. 30

8. IISL

9. Liquidity of the stock

10. 2200

11. 2010

12. Commodities

13. Buyer

14. 194

15. An agreement to buy a refrigerator today at

the posted price.

16. On few selected stocks only

17. Algorithm used to calculate closing Sensex value

18. None of the above

19. BSE 30 Sensex

20. You can take a higher position with smaller investments using derivatives

21. Both the buyer and the seller pay initial margin to the exchange

22. can be structured as required by the buyer and seller

23. the minimum permitted price movement in a futures contract.

24. Value of your portfolio * Beta of your Portfolio

25. cross deal

26. auction

27. All of the above

28. Last Thursday of the month

29. change in the premium with respect tothe change in the price of underlying

30. Options

31.Gamma

32. can be exercised only at maturity

33. is a contract tailored tosuit individual requirements

34. A call option when the price of the underlyingshare increases above the option’s strike

price by an amount greater than the premium paid for the option

35. protective put strategy

36. buying one call and selling another call

37. not to exercise the option.

38. Liquidity to the market.

39. bearish - payer of premium

40. ACC

41. March

42. contracts that can be settled in cash or settled by delivery depending on the terms of the

contract as decided by the exchange

43. True

44. the writer owns the underlying asset

45. do not have to pay mark-to-market margins

46. asymmetric

47. all options of a given class with same expiration date & strike price.

48. Exchange

49. False

50. Weekly Volatility x Sqrt of 52

Test 11A2b3a4c5b6c7a8dtest 21c2c3a4a5d6d7a8d