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. Lara uses put-call ratio to gauge the overall sentiment in the Australian equity market. Based on the current put-call ratio of 1.2, Lara sells

. Lara uses put-call ratio to gauge the overall sentiment in the Australian equity market. Based on the current put-call ratio of 1.2, Lara sells stocks in the market. What is the best terminology to describe Laras strategy (i.e. contrarian or momentum) and explain your answers? (3 marks)

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