nerdexam
SOFE

AFE · Question #155

Insurance entities usually write covered-call options because they consider the premium received for writing the options to be either:

The correct answer is B. a decrease in yield on the underlying risk security. See the full explanation below for the reasoning.

Question

Insurance entities usually write covered-call options because they consider the premium received for writing the options to be either:

Options

  • Aan economic hedge between a decline in market price and security
  • Ba decrease in yield on the underlying risk security
  • CBoth A & B
  • DNeither A nor B

How the community answered

(37 responses)
  • A
    14% (5)
  • B
    76% (28)
  • C
    8% (3)
  • D
    3% (1)

Community Discussion

No community discussion yet for this question.

Full AFE Practice