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Indicate whether each of the following 7 statements is TRUE or FALSE by writing (or circling) the word TRUE or FALSE on your answer sheet.

Indicate whether each of the following 7 statements is TRUE or FALSE by writing
(or circling) the word TRUE or FALSE on your answer sheet. Then provide an
explanation for your answer within 8 lines
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7. As a call option is an option to buy and a put option an option to sell, the opposite position to buying an option to buy is buying an option to sell. Therefore, any factor that increases the value of a call option will decrease the value of a put option written on the same asset

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