English Language Tests-Intermediate level''''s archiveOptions Strategy pptx

English Language Tests-Intermediate level's archive Options Strategy 1.. is created when a person buys and sells call options on the same stock or buys and sells puts on the same stock;

English Language Tests-Intermediate level's archive

Options Strategy

1 A price is created when a person buys and sells

call options on the same stock or buys and sells puts on

the same stock; it gets its name from the vertical

movement of prices, and in this options strategy, the strike

prices are different but the months are the same

break

hike

shift

spread

2 acquisitions are usually of noncompeting

companies where one's product is a necessary component

or complement of the other's; such acquisitions can

achieve procompetitive efficiency benefits, lowering

transaction costs and leading to synergistic improvements

in design, production and distribution

Blanket

Industry

Overhead

Vertical

3 To is to express an asset or liability in terms of a

currency or denomination other than the one in which it

usually trades

nominate

quantise

recast

transpose

4 With a sell order, the limit orders will increase in

price, allowing the trader to take advantage of increasing

prices, thereby locking in higher returns

grade

level

scale

step

5 The 12b-1 was born in 1980 under the

authorization of the Securities Exchange Commission; its

name is derived from the section in the Investment

Company Act of 1940 that allows a mutual fund to pay

distribution and marketing expenses out of the fund's

assets

charge

fee

levy

rate

6 An unblemished credit history with a positive credit

report will be the leading contender for loans; a

good credit history will ensure you get the loan with no

collateral

personal

prestige

signature

sobriquet

7 Charitable Trusts offer current income tax

deductions and a reduction of capital gains taxes: charities

become the income beneficiaries, receiving a steady

stream of income during the owner's lifetime, but at the

owner's death, named beneficiaries receive the bulk of the

CLT's assets

Lead

Legacy

Life

Limit

8 When you finance or lease a vehicle, your creditor or

lessor holds important rights on the vehicle until you've

made the last loan payment or fully paid off your leasing

obligation; if your payments are late or you default on your

contract in any way, your creditor or lessor may have the

right to your car

reassume

reclaim

replevin

repossess

9 traders rapidly buy and sell stocks throughout the

day in the hope that their stocks will continue climbing or

falling in value for the seconds to minutes they own the

stock, allowing them to lock in quick profits, which is

extremely risky and can result in substantial financial

losses in a very short period of time

Day

Short

Speed

Trend

10 or cover letter accompanies a larger item,

usually a document, provides the recipient with a specific

context in which to place the larger document and

simultaneously gives the sender a permanent record of

having sent the material

A conveyance

An expository

A remittance

A transmittal