Finra Exam Series-7 Topic 3 Question 98 Discussion

Actual exam question for Finra's Series-7 exam

Question #: 98
Topic #: 3

[All Series-7 Questions]

Bubba plans to borrow some money and pledge securities as collateral.

Which of the following can he not use as collateral?

ASeries EE bonds

BUS treasury bills

CUS treasury notes

DUS treasury bonds

Show Suggested Answer

Suggested Answer: C

long one put and short one call. This is a short straddle. A position that is long one put and long one call is a long straddle.

by Francesco at Sep 19, 2024, 07:43 AM

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7 days ago

Wait, why can't I use my secret stash of gold bullion as collateral? That's the good stuff!

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14 days ago

I disagree. Bubba cannot use US treasury bonds as collateral.

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20 days ago

I agree with Linn. Series EE bonds are not eligible as collateral.

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25 days ago

I think Bubba cannot use Series EE bonds as collateral.

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