A speculative investor predicts the stock price will not move much from the current price of $50 in the next 2 months. Which action is the right strategy for him to implement today?

a-Buy $45 call, Short $55 call

b-Short $45 put, Buy $55 put

c-Buy $45 call, Buy $55 put

d-Buy one $45 call, Short two $50 calls, Buy one $55 call

Because of daily settlement, all futures profits are taxed at the higher short-term capital gains rate.

a-True

b- False