Select an S&P 500 futures option and bring up its equity screen: SPA ( to bring up

Select an S\&P 500 futures option and bring up its equity screen: SPA \(<\) Comdty> to bring up S\&P futures; type EXS to bring up futures with different expirations; select a futures and bring up is menu screen: futures ticker (e.g., SPH7 for March 17 S\&P futures); on the futures screen, type OSA; on the OSA screen, select "Listed Options" from the red "Positions" dropdown tab to bring up listed futures options.

Using the Bloomberg OSA screen, evaluate some of the following option strategies that would reflect a bullish position on the market with a profit graph:

a. Call purchase.

b. Stock Insurance or Simulated Call: Long in put option and long in the futures.

c. Bull Call Spread: Long in call with low X and short in call with high X.

d. Bull Put Spread: Long in put with low \(\mathrm{X}\) and short in put with high X.

e. Strap Purchase: Straddle purchase with additional calls (e.g., long 2 calls and long 1 put).