Question: On the same day in a margin account, a customer sells short 100 shares of ABC at $31 and buys 1 ABC Jan 35 Call
On the same day in a margin account, a customer sells short 100 shares of ABC at $31 and buys 1 ABC Jan 35 Call @ $3. This client's market outlook is:
A. very bearish
B. cautiously bearish
C. very bullish
D. cautiously bullish
*Please explain thoroughly. I really want to understand this. Thank you.
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