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A customer buys 100 shares of PDQ stock at $41 and sells 1 PDQ Jan 45 Call @ $2 on the same day in a
A customer buys 100 shares of PDQ stock at $41 and sells 1 PDQ Jan 45 Call @ $2 on the same day in a cash account. The client is a:
A. covered call writer
B. protected call writer
C. call hedger
D. bearish investor
*Please explain as I want to understand this.
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