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Jasmine has a large paper profit in her Amalgamated Corporation shares, currently at 46. She is happy with the stock but realizes that a good

Jasmine has a large paper profit in her Amalgamated Corporation shares, currently at 46. She is happy with the stock but realizes that a good thing cannot go on forever. If she is willing to sell at 50, what strategy could you recommend to her? (published CFP question, 1999)

a. Buy $50 call options

b. Sell $50 call options

c. Sell $50 put options

d. Buy $50 put options

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