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Select the best answer to finish the sentence: If Pierre writes ( sells ) an at the money 3 - month call option on

Select the best answer to finish the sentence:

If Pierre writes $($ sells $)$ an $"$ at the money" $3 -$ month call option on Altec stock and he has no other position in Altec stock, the POTENTIAL PROFIT on Pierre's position is

Group of answer choices

limited to the premium paid to him for writing the option.

unlimited.

limited to the time value of the option.

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