n NISM Certifications
NSM General NISM
Medium

A client has a long position of 14 contracts and a short position of 3 contracts in the same underlying. What is the net position?

Practice question from NISM Series IV - Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    14 long and 3 short contracts

  2. B

    14 long contracts

  3. 11 long contracts

    Correct answer

  4. D

    3 short contracts

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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