Question
2. Consider the following list of option strategies: I. Buy a low strike price put and sell a high strike price call II. Buy a
2. Consider the following list of option strategies:
I. Buy a low strike price put and sell a high strike price call
II. Buy a low strike price put and sell a high strike price put
III. Buy a high strike price put and sell a low strike price put
Which of these creates a bull spread?
| a. | None of the other answers is correct. | |
| b. | Both I and II | |
| c. | II only | |
| d. | I only | |
| e. | III only |
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Intermediate Financial Management
Authors: Eugene F Brigham, Phillip R Daves
9th Edition
032431986X, 9780324319866
