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Suppose that you buy 100 shares of Amazon stock. You think the stock is ready to climb back up to $3,300 a share, however you

Suppose that you buy 100 shares of Amazon stock. You think the stock is ready to climb back up to $3,300 a share, however you are worried since this is such a big investment. You want to limit your losses. Which of the following strategies would best accomplish this?

A.

Buy a call on Amazon - You will be able to sell at the strike price, so the strike price becomes your floor. You cannot lose more than that.
B.

Sell a call on Amazon - You will be able to buy at the strike price, so the strike price becomes your floor. You cannot lose more than that.
C.

Buy a put on Amazon - You will be able to sell at the strike price, so the strike price becomes your floor. You cannot lose more than that.
D.

Sell a put on Amazon - You will be able to buy at the strike price, so the strike price becomes your floor. You cannot lose more than that.

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