CNBC June 30 Daily Trivia Answers (Monday)

Question 1: In his blog, Darren Rovell paid tribute to the late George Carlin. Which of Rovell's terms refers to options trades?

crack spread
long straddle -->CORRECT ANSWER!
bulge bracket
tenbagger

Question 2: According to the blog post, "Air Products: Cutting Edge of Alt Energy?", how does Jim Cramer describe the U.S.?

Holy Grail of coal
Saudi Arabia of coal -->CORRECT ANSWER!
capital of problem-solving
none of the above

Question 3: In the CNBC.com video "Go Short" how does Options University strategist Ron Ianieri define a "speculator"?

only "the super-savvy"
"everyone in the market" -->CORRECT ANSWER!
commodities "sharpies"
"practically every trader"

Question 4: According to the CNBC Stock Blog "Powering Your Portfolio: Uranium" what is uranium miner Cameco's other business?

mining gold -->CORRECT ANSWER!
building nuke power plants
refining uranium ore
none of the above

Question 5: In Fast Money's Web Extra video "Najarian's Sweet Trade" which home builder rated the opinion, "I'd stay away"?

Lennar -->CORRECT ANSWER!
Centex
KB Home
Hovnanian

Question 6: Which U.S. airline announced on Monday June 23 that it plans to lay off 950 pilots?

Delta
Northwest
Continental
UAL -->CORRECT ANSWER!

Come back during each trading day for answers to the CNBC Portfolio Challenge Trivia ( bonus bucks ) questions.

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