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NEW QUESTION: 1
Bubba owns 200 shares of XYZ at $90, and wishes to hedge the position while generating income.
What is the best recommendation?
A. buy puts
B. sell calls
C. buy calls
D. sell puts
Answer: B
Explanation:
Explanation/Reference:
Explanation: sell calls. Calls are covered by the underlying stock. If the calls were exercised, the stock would be delivered to meet the obligation. The income also reduces the break-even of the stock.

NEW QUESTION: 2
A company currently stores symmetric encryption keys in a hardware security module (HSM). A solution architect must design a solution to migrate key management to AWS. The solution should allow for key rotation and support the use of customer provided keys.
Where should the key material be stored to meet these requirements?
A. AWS Systems Manager Parameter store
B. AWS Key Management Service (AWS KMS)
C. Amazon S3
D. AWS Secrets Manager
Answer: D
Explanation:
Explanation
https://aws.amazon.com/cloudhsm/

NEW QUESTION: 3
Test has created a multi-tenant Learning Management System (LMS). The application is hosted for five different tenants (clients) in the VPCs of the respective AWS accounts of the tenant. Test wants to setup a centralized server which can connect with the LMS of each tenant upgrade if required. Test also wants to ensure that one tenant VPC should not be able to connect to the other tenant VPC for security reasons. How can Test setup this scenario?
A. Test should setup all the VPCs meshed together with VPC peering for all VPCs.
B. Test should setup all the VPCs with the same CIDR but have a centralized VPC. This way only the centralized VPC can talk to the other VPCs using VPC peering.
C. Test should setup VPC peering with all the VPCs peering each other but block the IPs from CIDR of the tenant VPCs to deny them.
D. Test has to setup one centralized VPC which will peer in to all the other VPCs of the tenants.
Answer: D
Explanation:
A Virtual Private Cloud (VPC) is a virtual network dedicated to the user's AWS account. It enables the user to launch AWS resources into a virtual network that the user has defined. A VPC peering connection allows the user to route traffic between the peer VPCs using private IP addresses as if they are a part of the same network.
This is helpful when one VPC from the same or different AWS account wants to connect with resources of the other VPC. The organization wants to setup that one VPC can connect with all the other VPCs but all other VPCs cannot connect among each other. This can be achieved by configuring VPC peering where one VPC is peered with all the other VPCs, but the other VPCs are not peered to each other. The VPCs are in the same or a separate AWS account and should not have overlapping CIDR blocks.
http://docs.aws.amazon.com/AmazonVPC/latest/PeeringGuide/peering-configurations-full- access.html# many-vpcs-full-acces