1. You write one February put option on Apple stock for a premium of $5 with a strike price of $70. What is the break-even price of this position?
A) $65
B) $75
C) $5
D) $70
2. Suppose Momentum can generate alpha in a model. It is against which form of market efficiency?
A. Strong Form
B. Semi-strong Form
C. Weak Form
D. All three forms