1. What kind of strategy is a long straddle? What would you like the underlying asset to do?
2. What are some of the challenges to creating a strong corporate culture? Select an example (preferably one that you may have provided earlier), and describe a minimum of two issues and who you would resolve both.
3. IBM is trading at $121. Create a put credit spread with strike prices of X = $120 @ $3 and X = $130 @ $12. What does that look like? The stock rises to $140. What is your profit or loss? The stock falls to $102. What is your profit or loss?