Which of the Following Describes a Covered Call

question 13

Multiple Choice

Which of the following describes a covered call?

• A) A long call option on a stock plus a long position in the stock
• B) A long call option on a stock plus a short put option on the stock
• C) A short call option on a stock plus a short position in the stock
• D) A short call option on a stock plus a long position in the stock

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Definitions:

Human Resources

A business department focused on managing employee-related processes such as hiring, training, performance appraisal, and benefits administration.

Mission Statement

A statement outlining the purpose and long-term objectives of the organization.

Human Resource Accounting

A method of measuring the cost and value of people in an organization, aiming to report the financial implications of employing human capital.

Managerial Tool

Instruments, techniques, or methodologies used by managers to improve decision-making, facilitate planning, or enhance productivity.