If You Have a Put Option on a Stock Index

question 53

Multiple Choice

If you have a put option on a stock index, you hope the market will:

• A)go up.
• B)go down.
• C)remain unchanged.
• D)None of the above

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Definitions:

Fundamentalism

A strict adherence to specific theological doctrines typically in a reaction against modernist theories, often associated with a literal interpretation of religious texts.

Reactionary

A political viewpoint that advocates for the restoration of previous political, social, or economic conditions.

Conservative

A political and social philosophy that promotes retaining traditional social institutions in the context of culture and civilization.

Elizabeth Cady Stanton

A leading figure of the early women's rights movement in the United States, known for her efforts towards achieving women's suffrage.