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

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