Consider the Following Statement Related to Buying a Put Option

question 43

Multiple Choice

Consider the following statement related to buying a put option.For a given stock price,the ____________ the position is held,the more time value it loses and the ___________ the profit;however,an exception can occur when the stock price is ___________.Identify the correct words for these two blanks.

• A)longer,lower,low
• B)longer,higher,high
• C)shorter,lower,low
• D)shorter,higher,high
• E)longer,flatter,low

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