Which of the Following Creates a Bull Spread

question 14

Multiple Choice

Which of the following creates a bull spread?

• A) Buy a low strike price put and sell a high strike price put
• B) Buy a high strike price put and sell a low strike price put
• C) Buy a high strike price call and sell a low strike price put
• D) Buy a high strike price put and sell a low strike price call

---

Definitions:

Cognitive Map

A mental representation of one's physical environment, enabling an individual to navigate and understand the spatial attributes of their surroundings.

Insight

A sudden and often novel realization of the solution to a problem, representing a leap in understanding that goes beyond the step-by-step logical process.

Spontaneous Recovery

The reappearance of a previously extinguished response after a period of no exposure to the conditioned stimulus.

Latent Learning

Learning that occurs without noticeable reinforcement and is not demonstrated until there is an incentive to perform.