Exhibit 13-10 USE THE FOLLOWING INFORMATION TO ANSWER THE NEXT QUESTION(S)

question 116

Multiple Choice

Exhibit 13-10
USE THE FOLLOWING INFORMATION TO ANSWER THE NEXT QUESTION(S)
GE Corporation has a put option selling for $2.90 and a call option selling for $1.95, both with a strike price of $29.00.
-Refer to Exhibit 13-10. Which strategy is most appropriate for an investor who expects stock prices to be volatile, but is inclined to be bullish?

• A) protective put
• B) covered call
• C) long straddle
• D) short straddle
• E) long strap