[Solved] Which of the following statements is true? A) When one writes a naked call option it means they do not own shares of the underlying stock. B) When one writes a naked call option it means they do own shares of the underlying stock. C) Buying or selling naked options is an example of hedging. D) Buying or selling naked options is an example of speculation. E) Both (a)and (d)are true. Human Lungs: The pair of respiratory organs located in the chest, responsible for gas exchange between the air and the blood, providing oxygen and removing carbon dioxide. Pleura: A double-layered membrane surrounding each lung, providing lubrication and facilitating the lungs' movements during breathing. Pericardium: The fibrous sac that surrounds the heart, providing it with protection and the lubrication necessary for efficient movement. Peritoneum: A membrane that lines the abdominal cavity and covers the abdominal organs.