_________ of the option is the one who by paying the option premium buys the right but not the obligation to exercise his
option on the seller/writer.

Three Call series of ABC stock – February, March and April are quoted. Which will have the highest Option Premium (same
strikes)?

Spot value of Nifty is 10400. an investor buys a one month nifty 11000 call option for a premium of 7. The option is

A company, which is due to receive a payment in a foreign currency on a future date, enters into a forward transaction with
a bank agreeing to sell the foreign currency and receive a predetermined quantity of domestic currency. This is an example of
Hedging.

A corporate manager can

An arbitrage is a deal that produces risk free profits by exploiting a mispricing in the market

A calendar spread becomes a naked or open position, when the near month contract expires or either of the legs of spread
is closed

Branch manager can view trade and order related details of all dealers under that branch. True or false?

Which of the following should be disclosed separately for long and short positions in respect of each series of equity index
futures as of the balance sheet date

Manoj owns five hundred shares of ABC Ltd. Around budget time, he gets uncomfortable with the price movements.
Which of the following will give him the hedge he desires (assuming that one futures contract = 100 shares) ?

Calendar spread position is a combination of two positions in futures on the different underlying – long on one underlying
and short on a different underlying

When a client has increased his existing positions or has created a new position in the security under F/O ban, the
client/trading members will be subject to a penalty of _________

Initial margin collection is monitored by the _________.

Expectedly falling market is called Contango Market.

In equity derivatives segment, if a stock fails to meet the retention criteria for three months consecutively ,
then__________

ABC futures is trading at Rs. 3325 and an investor buys a 3400 call for current month for Rs. 100. What should be the
break even point? 1 lot of ABC = 50 shares.

The main objective of Trade Guarantee Fund (TGF) at the exchanges is _________________.

Mr.X purchases 100 Put Option on Stock S at Rs 30 Per Call with Strike Price of Rs 280. If on Exercise date, Stock Price is
Rs 350, ignoring transaction cost, Mr.X will choose

Capacity of derivatives market to absorb buying/selling by hedgers is directly dependent upon availability of traders, who
act as counter-party to hedgers

An index put option at a strike of Rs 11200 is selling at a premium of Rs 50 At what index level will it break even for the
buyer of the option

Which user is at the highest level in the heirarchy of trading firm?

A company, which is due to receive a payment in a foreign currency on a future date, enters into a forward transaction
with a bank agreeing to sell the foreign currency and receive a predetermined quantity of domestic currency. This is an
example of Hedging.

Which of the following positions has a limited downside ____

Value-at-risk provides the ______________.

____________is required to be paid on assigned positions of Clearing Members towards final exercise settlement
obligations for stock option contracts