Question
The maximum possible gain of a long position in call option is __________, and the maximum possible gain of a short position in put option
The maximum possible gain of a long position in call option is __________, and the maximum possible gain of a short position in put option is __________.
Multiple Choice
A) stock price - exercise price, unlimited
B) exercise price - stock price, premium
C) unlimited, exercise price - stock price
D) unlimited, premium
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Financial Markets And Institutions
Authors: Jeff Madura
6th Edition
0324162618, 978-0324162615
