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An Investor Who Holds a Strap (2 Calls and 1

question 15

True/False

An investor who holds a strap (2 calls and 1 put)believes the market is more likely to go up than down.


Definitions:

Near Future

A time period that is shortly ahead, encompassing events that are expected to happen soon but have not yet occurred.

Ironic Processing

The idea that the more we try not to think about something, the more those thoughts enter our mind and distract us from other things.

Distract Us

Activities or stimuli that divert attention away from a primary task or focus.

Direction

Guidance or instructions on how to proceed, or the course along which something moves.

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