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Question
You speculated stock price of Cino. Co. will move toward a certain direction and decided to taken an option position of this stock to make profit. For that position, if the stock's price drops you will get a level gain no matter how huge prices decrease. However, you could go bankrupt if the stock's price rises. What is your option position?a. Bought a call option
b. Bought a put option
c. Written a put option
d. Written a call option
Answer
This answer is hidden. It contains 3 characters.
Related questions
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a. The USA Patriot Act
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