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A(n) __________ call option involves ownership of stock and writing a call option. The position has limited upside potential and offers some protection to the
A(n) __________ call option involves ownership of stock and writing a call option. The position has limited upside potential and offers some protection to the owner of the stock if the stock price declines. D. naked A. in-the-money C. covered B. out-of-the money
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