SIE - Securities Industry Essentials Exam
When in-the-money S&P 500 Index options expire (symbol SPX), delivery is via which of the following upon settlement?
Underlying stocks in the S&P 500A
E mini S&P 500 futures contractB
SPY - S&P 500 ETFD
SPX Index Options have European settlement and are settled in cash.
Part of the questions for each course
- 20 of 150
- Series 6
- 30 of 500
- Series 7
- 50 of 625