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CDP Certified Derivatives Professional VIP Exam
CDP — The Certified Derivatives Professional (CDP) designation is offered by the Canadian Securities Institute (CSI); the licensing exam covers options, futures, forwards, swaps, derivatives pricing, hedging strategies, and regulatory frameworks in a multiple-choice format of approximately 150 questions over 3 hours with a 60% passing threshold.
56
Questions
180m
Time Limit
60.00%
To Pass
Question 1 of 56👑 VIP
A portfolio manager holds 10,000 shares of Maple Corp currently trading at $45. She writes 100 call option contracts (each covering 100 shares) with a strike price of $50 and collects a premium of $2.00 per share. At expiry, Maple Corp trades at $53. What is the manager's net profit or loss per share on the covered call position, relative to simply holding the stock?
Questions 2–56 and full explanations are VIP-exclusive.