.You are bullish on Isla Stock. It is trading at $57 per share and you think it will go to $70 over the next month. To benefit from this move, you are considering either going long the stock (purchasing the stock) or buying a call option with a strike price of $56. The options premium is $5. What advantages of using the call option strategy instead of buying the stock? Multiple answers allowed. Select all answers that are true. * 4j(5 Points) The call option is more liquid than the stock. The call option often requires less initial capital than the stock. The call option has a locked-in gain. The option has a smaller maximum loss compared to the stock. The call option has more credit risk than the stock. 32. You want to hedge a stock position. What are the benefits of buying a put option as opposed to putting a stop loss order in for the stock? Multiple answers allowed. Select all answers that are (5 Points) A stop-loss order could result in a sale during a temporary price downturn and preclude the investor's particIpation in any upside if the stock reverses and its price increases. A put option requires the sale of the underlying asset regardless of market conditions. A put option would provide protection during pre-market and after-market trading hours, and when trading substantially lower. A put option allows the investor to hedge without the need to sell the underiying asset (the option can be closed out, rather than exercised). A stop-loss order will expire but a put option has an unlimited life