Question: Jon feels the same way about AAPL as do Iliya and Steve, i.e., he likes it. But he is a little short of cash; hence,

Jon feels the same way about AAPL as do Iliya and Steve, i.e., he likes it. But he is a little short of cash; hence, he cant afford to buy an at the money option. One thing Cam could do to act on his notions regarding AAPL is to

a. put on a vertical call.

b. put on a vertical put.

c. neither of the above.

d. both of the above.

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