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For each of the following, determine which is the proper option strategy ( long call, short call, long put, short put, protective put or covered
For each of the following, determine which is the proper option strategy long call, short call, long put, short put, protective put or covered call
You own a shares of ABC Corp. and want to protect your investment in case the price drops.
You are a speculator and strongly believe that the price of XYZ stock is likely to increase or remain at its current level.
You are interested in acquiring shares in Daisy Corp. but don't want to pay too much for the shares.
You are a speculator and believe that Daisy Corp. shares are unlikely to increase in price and you would like to make a profit on your belief.
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