Problem 10 Part 1 Attempt 1/4 for 10 pts. A covered call consists of a long stock and long call short stock and long call short stock and short call long stock and short call Correct A covered call is created by buying the stock (long stock) and selling a call option on the same stock (short call). It is called a covered call because the stock covers possible losses stemming from increases in the stock price, due to the call option written on the stock Part 2 Attempt 1/4 for 10 pts A covered call is a bet against falling prices a bet on constant prices a bet on rising prices a bet on volatility Submit