Question
You own a stock that has risen from $10 per share to $15 per share. You wish to delay taking the profit, but you are
You own a stock that has risen from $10 per share to $15 per share. You wish to delay taking the profit, but you are troubled about the short-run behavior of the stock market. An effective action on your part would be to
a. buy a put option on the stock
b. write call option on the stock
c. buy a call option on the stock
d. write put option on the stock
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Fundamentals Of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
13th Edition
978-0134083308, 013408330X
