For Gordon to Maximize His Potential Return from a Bearish

question 18

Multiple Choice

For Gordon to maximize his potential return from a bearish view on a stock, he should:

• A) buy calls.
• B) write calls.
• C) buy puts.
• D) write puts.

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Definitions:

Puritan Authorities

The leaders and officials within Puritan communities, especially in the 17th century, who enforced strict religious and social codes of conduct.

Massachusetts Bay Colony

A 17th-century British settlement in New England that became one of the early centers of the colony's government, trade, and religion.

Puritan Migrations

This term refers to the movement of English Puritans to North America, particularly to the Massachusetts Bay Colony, in the early 17th century to escape religious persecution.

Connecticut Valley

A major valley in the U.S. known for its fertile land, running through Connecticut and Massachusetts.