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19 Cards in this Set
- Front
- Back
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Suppose you are long calls and the underlying has moved up since purchase. What should you do if you believe the underlying has reached its target price?
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Exit.
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Suppose you are long calls and the underlying has moved up since purchase. What should you do if you believe the underlying will continue to move up?
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Roll up.
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Suppose you are long calls and the underlying has moved up since purchase. What should you do if you believe the underlying will continue to move up but not for some time?
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Roll out.
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Suppose you are long calls and the underlying has moved down since purchase. What should you do if you believe the pullback is a glitch and your target price is unchanged?
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Do nothing.
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Suppose you are long calls and the underlying has moved down since purchase. What should you do if you believe the pullback is a temporary and your target price is unchanged but you need more time?
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Roll out.
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Suppose you are long calls and the underlying has moved down since purchase. What should you do if you believe the pullback is a temporary but your target price is revised lower?
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Roll down.
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Suppose you are long calls and the underlying has moved down since purchase. What should you do if you believe the underlying will stay around the current level?
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Spread.
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Suppose you are long calls and the underlying has moved down since purchase. What should you do if you believe the underlying will continue to move down?
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Exit.
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Suppose you are long puts and the underlying has moved down since purchase. What should you do if you believe the underlying has reached its target price?
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Exit.
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Suppose you are long puts and the underlying has moved down since purchase. What should you do if you believe the underlying will continue to move down?
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Roll down.
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Suppose you are long puts and the underlying has moved down since purchase. What should you do if you believe the underlying will continue to move down for some time?
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Roll out.
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Suppose you are long puts and the underlying has moved up since purchase. What should you do if you believe the target price remains unchanged?
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Do nothing.
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Suppose you are long puts and the underlying has moved up since purchase. What should you do if you believe the underlying will move down but not for some time?
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Roll out.
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Suppose you are long puts and the underlying has moved up since purchase. What should you do if you believe the underlying will move down?
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Roll up.
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Suppose you are long puts and the underlying has moved up since purchase. What should you do if you believe the underlying will be flat?
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Spread.
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Suppose you are long puts and the underlying has moved up since purchase. What should you do if you believe the underlying will continue to move up?
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Exit.
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Suppose you are short puts and the underlying has moved down since purchase. What should you do if you believe the price target remains unchanged but will take some time to reach?
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Roll out.
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Suppose you are short puts and the underlying has moved down since purchase. What should you do if you believe the price will be flat?
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-Roll down and out.
-Spread. |
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Suppose you are short puts and the underlying has moved down since purchase. What should you do if you believe the underlying will continue to move down?
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Exit.
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