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1 If you want to protect stock you own , would you buy a put or a call? 2 What must happen for a covered

1 If you want to protect stock you own , would you buy a put or a call?

2 What must happen for a covered call to be profitable?

3 What is the intrinsic value of an CALL option?

4 Who is more likely to profit from an option contract, the writer or the buyer?

5 What is bond laddering?

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