Q5. Assume that futures and option traders cannot trade in the underlying spot market. Which of the following is the riskiest derivatives trading strategy? (A) Short Call (Uncovered Call) (B) Long Call (C) Long Straddle (D) Long Futures Answer: Q6. Speculators should consider a Bear Call Spread based on the prediction of: (A) No change in the price of the underlying (B) Increase in the price of the underlying (C) Decrease in the price of the underlying (D) None of the above