When You Purchase a Put Option While Still Holding the Underlying

question 2

Multiple Choice

When you purchase a put option while still holding the underlying share, it is known as a

• A)speculative put.
• B)speculative call.
• C)protective call.
• D)protective put.

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Definitions:

Living Organism

Any individual form of life, such as a plant, animal, bacterium, protist, or fungus, that is capable of growing and reproducing.

Vector

A living organism, such as an insect, that carries microorganisms from an infected person to another person.

Microorganisms

Tiny life forms such as bacteria, viruses, fungi, and protozoa that exist in virtually all environments on the planet.

Infection Cycle

A sequence of events that involve the spread of pathogens, from their source through a means of transmission, to a susceptible host.