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Question 13 (10 points) The current level of the SPX stock index is 4,475. You expect that the index will experience a significant drop in

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Question 13 (10 points) The current level of the SPX stock index is 4,475. You expect that the index will experience a significant drop in the next 4 months. What would be the option strategy to profit from this drop: Buy a protective put on the SPX index with the strike price of 4,450 Buy a call option with the strike price of 4,475 and buy a put option with the same strike O Short a call option on SPX with the strike price of 4,450 and buy a call option with the strike price of 4,500 Buy two call options with the strike price of 4,475, short a call option with the strike price of 4,465 and short a call option with the strike price of 4,485

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