Which of the Following Is Equivalent to a Long Position

question 15

Multiple Choice

Which of the following is equivalent to a long position in a European call option?

• A) A short position in a cash-or-nothing put option plus a long position in an asset-or-nothing put option
• B) A long position in an asset-or-nothing put option plus a long position in a cash-or-nothing put option
• C) A long position in an asset-or-nothing call option plus a long position in a cash-or-nothing call option
• D) A long position in an asset-or-nothing call option plus a short position in a cash-or-nothing call option

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