[Solved] Using options to place a bet on the direction in which you believe the market is likely to move is called: A)speculation. B)hedging. C)a covered position. D)a naked position. Environmental Factors: External elements, including physical, chemical, and biological factors, that can influence living organisms or human health. Enduring Marriage: A long-lasting marital relationship characterized by mutual respect, affection, and a strong bond between partners. Conduct Problems: Behavioral and emotional issues in children and adolescents, characterized by actions that violate societal norms or the rights of others. Introvert: a person with a personality trait or type characterized by a focus on internal feelings rather than external sources of stimulation.