11. You wrote a short iron condor but as expiry approaches, the underlying moved below the lower put strike. You consider the following as follow-up to minimize loss exposure: I. Roll the entire spread another month with the same strikes. II. Roll the entire spread down and reestablish a credit iron condor for a future month. III. You roll the put forward at the same strikes, but write a new bull call spread with ITM strikes below the strikes of the put spread. IV. Take your loss on the put side and let the call side expire. V. Take your loss on the call side and let the call side expire. a. All are appropriate responses b. None are appropriate responses c. I, II and III are appropriate responses d. Only IV is appropriate e. All but V are appropriate responses