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If an investor establishes a call spread, buys the lower exercise price, and sells the higher exercise price at a net debit, he anticipates that <u>the spread will widen</u>.
A straddle is an options strategy that buys both put and call options on the same underlying security with the same expiration date and strike price.
You can buy and sell straddles. A long straddle buys both calls and puts options on the same underlying stock with the same strike price and expiration date. If the underlying moves significantly in either direction before expiry, you can make a profit.
A call option buyer can hold the contract until the expiration date. At that time, you can either acquire 100 shares or sell the option contract at the market price of the contract at any time before the maturity date. There is a fee for purchasing a call option called Premium.
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Public education and military protection. Local governments across the nation fund schools to educate citizens while the federal government funds the military, which helps to secure our nation.
While the government produces relatively few goods in America, it produces many more services. Regulations that protect the environment and the rights of citizens are some other examples of key services the government provides.
Answer:
German involvement in the Spanish Civil War commenced with the outbreak of war in July 1936, with Adolf Hitler immediately sending in powerful air and armored units to assist General Francisco Franco and his Nationalist forces. The Soviet Union sent in smaller forces but a lot of modern weapons to assist the Republican government, while Britain and France and two dozen other countries set up an embargo on any munitions or soldiers into Spain. Nazi Germany also signed the embargo but simply ignored it.
The war provided combat experience with the latest technology for the German military. However, the intervention also posed the risk of escalating into a world war for which Hitler was not ready. He, therefore, limited his aid, and instead encouraged Mussolini to send in large Fascist Italian units. Franco's Nationalists were victorious; he remained officially neutral in the Second World War, but helped the Axis in various ways from 1940 to 1943, even offering to join the war on 19 June 1940 in exchange for help building Spain's colonial empire. The Spanish episode lasted three years and was a smaller-scale prelude to the world war which broke out in 1939.
Nazi support for General Franco was motivated by several factors, including as a distraction from Hitler's central European strategy, and the creation of a Spanish state friendly to Germany to threaten France. It further provided an opportunity to train men and test equipment and tactics.