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48. Speculator Sam decides to write a series of puts and calls. He does not own the underlying stocks. What strategy is he using? A.

48. Speculator Sam decides to "write" a series of puts and calls. He does not own the underlying stocks. What strategy is he using?

A. Option Income Enhancement

B. Option Spread Trading

C. Black Scholes Trading

D. Intrinsic Value Investment

E. Naked Writing

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