For a Call and a Put Written on the Same

question 15

Multiple Choice

For a call and a put written on the same underlying but at at possibly different strike prices,

• A) Both call and put options may be in-the-money at the same time.
• B) If the call is in-the-money, then the put will be out-of-the-money.
• C) If one of the options is out-of-the-money, then the other one is guaranteed to be in-the-money.
• D) At least one option will be in-the-money.

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Definitions:

Tort Of Trespass

A wrongful invasion or intrusion upon another person's land or property without their permission or legal right.

Wrong Person's Garage

A situation involving mistakenly entering or using someone else's garage premises, potentially leading to trespassing or property disputes.

Garage Sale

A sale of used household or personal items held privately, typically in the seller's garage or yard.

Battery

A criminal offense involving the unlawful physical acting upon a threat, notably harming another person.