You are researching a stock currenty priced at $35 per share. C ail options are currently priced $3.00, and puts are priced at $2.00. You use Black-Scholes and put-call parity to determine that calls are fairly priced, but the puts should be priced at $1.00. What would be TRUE given this information? there is insufficient information to determine the puts have higher implied volatility than the calls you should short the puts for a risk-less profit you should short the calls and go long the puts this is impossible due to put-call parity