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Which of the following strategies will pay off when the stock price is high, but not when it is low? a. Buy a put with
Which of the following strategies will pay off when the stock price is high, but not when it is low?
a. | Buy a put with high strike, write a put with low strike | |
b. | Buy a call with high strike, write a call with low strike | |
c. | Buy a put with low strike, write a call with high strike | |
d. | Buy a put with low strike, write a put with high strike |
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