You are working as a portfolio manager in Goldman Sachs. You have been analysing equities and found out that Enron is very underpriced. You are going to use options to capitalise on your beliefs. Taking into account that you have a significant portfolio and advanced analytical toolkit, you will:

Select one:

a.Buy one put and w rite another put with lower strike

b.W rite a put and buy a call with higher strike

c.Buy one call and sell another call with higher strike

d.W rite a put and buy a call with lower strike

e.Go long in call and put options with the different exercise prices

f.Go short in call and put options with the same strike

g.W rite a call and buy a put with lower strike

h.Go short in call and put options with the different exercise prices

i.Buy one call and sell another call with lower strike

j.Buy one put and w rite another put with higher strike

k.Go long in call and put options with the same strike

l.W rite a call and buy a put with higher strike