Ask Question
BusinessBusiness
15 June, 00:35

A customer with a long option position sells an option in the same series. This is referred to as a: (A) Opening sale (B) Opening purchase (C) Closing sale (D) Closing purchase

+4
Answers (1)
  1. 15 June, 01:48
    0
    Opening purchase

    Explanation:

    This happens when a buyer buys a stock or security with the aim of sustaining or increasing the long position in the stock market.

    Buy to open informs the participant about the opening of new market rather than closing out on the old market. This remains open until an opposition trade takes place.

    It is good to also note that a position can be open and close within a very short period.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A customer with a long option position sells an option in the same series. This is referred to as a: (A) Opening sale (B) Opening purchase ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Thompson amp; Thomson is an all-equity firm that has 280,000 shares of stock outstanding. The company is in the process of borrowing $2.4 million at 5.5 percent interest to repurchase 75,000 shares of the outstanding stock.
Answers (1)
What conditions must exist for separate contracts to be viable?
Answers (1)
Which term best describes the organizational structure of the tupamaros?​?
Answers (1)
Terry's Tree Removal paid cash on account to Sam's Sharpening Service, $735, covering Purchase Invoice No. 1415 for $750, less a 2% discount, $15. The journal entry for Terry's Tree Removal to record this transaction is:
Answers (2)
Major impacts on treasury functions as a result of fintech development?
Answers (1)
New Questions in Business
PA1. LO 6.1Colonels uses a traditional cost system and estimates next year’s overhead will be $480,000, with the estimated cost driver of 240,000 direct labor hours.
Answers (1)
The Prepaid Insurance account had a beginning balance of $14,000 and an ending balance of $24,000. How will the increase be reported on the statement of cash flows?
Answers (1)
otato Company began the period with an accounts receivable balance of $2,693 and a balance in the allowance for doubtful accounts of $494 The following transactions occurred in Potato Company a.
Answers (1)
A supermarket places its store brand of blackberry jam priced at $5 per jar in the fruit preserves aisle, alongside the jam jars of a better known brand-whose products are priced at $8 apiece.
Answers (1)
The goal of the biological (ergonomic) approach to job design is: a. to make the work simple so that anyone can be trained quickly and easily to perform it. b.
No Answers
Home » Business » A customer with a long option position sells an option in the same series. This is referred to as a: (A) Opening sale (B) Opening purchase (C) Closing sale (D) Closing purchase
Sign Up Forgot Password?