Question
A customer sells short 100 shares of DEF stock at $82 per share and writes 1 DEF Sept 70 Put at $4. Overall, the customer
A customer sells short 100 shares of DEF stock at $82 per share and writes 1 DEF Sept 70 Put at $4. Overall, the customer has a(n):
A
hedged bull position
B
hedged bear position
C
income-producing bull position
D
income-producing bear position
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Airline Finance
Authors: Peter S. Morrell
4th Edition
1351959743, 978-1351959742
