You Have Taken a Stock Option Position And,if the Stock's

question 53

Multiple Choice

You have taken a stock option position and,if the stock's price increases,you could lose a fixed small amount of money,but if the stock's price decreases,your gain increases. You must have ________.

• A)bought a call option
• B)bought a put option
• C)written a call option
• D)written a put option
• E)purchased a straddle

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Definitions:

Satisfied Need

A psychological or physiological requirement of individuals that has been fulfilled, contributing to their well-being or motivation.

Self-Fulfilled Person

A self-fulfilled person is someone who has realized their own potential and desires, leading to a deep sense of satisfaction and completeness in life.

Mental Anguish

Intense psychological pain or distress often resulting from experienced trauma or stress.

Needs Progression

The concept that individuals move through a series of hierarchical needs, starting with basic physiological needs to higher-level psychological needs, as they are progressively satisfied.