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Traders can use option contracts to speculate on anticipated price movements. Which of the following option positions is a bullish strategy (that is, a position

Traders can use option contracts to speculate on anticipated price movements. Which of the following option positions is a bullish strategy (that is, a position entered to profit from a rising price)?

Select one:

Long call

Short call

Long put

Short put

Both long calls and short puts are bullish strategies.

Both long calls and short calls are bullish strategies.

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