When You Purchase a Put Option While Still Holding the Underlying

question 77

Multiple Choice

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

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

---

Definitions:

Word Usage

Refers to the way in which words are used in speech or writing to convey specific meanings or messages.

Complement

Something that completes or goes well with something else, often making it whole or perfect.

Spelling Rules

Standardized guidelines for forming words correctly, including the arrangement of letters and the use of prefixes, suffixes, and patterns in a language.

Spelling Errors

Mistakes made in the form of words, involving incorrect letter sequences within the words.