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If You Go Short a Covered Call and Buy a Protective

Question 3

Multiple Choice

If you go short a covered call and buy a protective put portfolio on a given stock (with the options having the same strike and maturity) , what you have is


A) A long position in a straddle.
B) Insensitive to the stock price at maturity of the options.
C) Positive cashflow at inception.
D) All of the above.

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