Travis Owns Both a September $30 Call and a September

question 100

Multiple Choice

Travis owns both a September $30 call and a September $30 put. If the call finishes at-the-money, then the put will:

• A) finish in-the-money.
• B) finish at-the-money.
• C) finish out-of-the-money.
• D) either finish at-the-money or in-the-money.
• E) either finish at-the-money or out-of-the-money.

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