n NISM Certifications
XIII NISM Series XIII
Medium

If you have a long position in a futures contract, you can square it by:

Practice question from NISM Series XIII for SIF - Mock Test 9 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Buying a call option for the same security.

  2. Selling the same futures contract.

    Correct answer

  3. C

    Selling a future contract with a longer expiration.

  4. D

    Buying a put option for the same security.

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

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