Lately, I’ve been reading The House of Morgan by Ron Chernow (New York: Grove Press, 2010), so now seems like a good time to publish this Cultural Literacy worksheet on stock options. This is a half-page worksheet with a reading of three sentences and three comprehension questions. Even at the standards of cogency and clarity I have come to expect from The New Dictionary of Cultural Literacy, this is a remarkably clear and concise explanation of this financial instrument.
If you find typos in this document, I would appreciate a notification. And, as always, if you find this material useful in your practice, I would be grateful to hear what you think of it. I seek your peer review.
Mark's Text Terminal 