Assume that futures and option traders cannot trade in the underlying spot market. Which of the following is the riskiest derivatives trading strategy?

(A) Short Call (Uncovered Call)

(B) Long Call

Disney enters a Currency Swap with the Bank of Japan. This Swap contract is:

(A) traded in Over-The-Counter (OTC) derivatives market

(B) based on the law of comparative advantage

(C) reducing financing costs for both Disney and the Bank of Japan

(D) All of the above

(C) Long Straddle

(D) Long Futures