Remaining Time: 1 hour, 28 minutes, 44 seconds. Question Completion Status: is a factor which causes the speculative premium to increase. Volatility of the underlying stock as measured by beta Low dividend yield Along exercise period All of the above QUESTION 28 The leverage strategy of buying call options is based on the idea that: a small change in the price of the underlying common stock can cause a large change in the price of the option leverage reduces the risk of loss on the option contract leverage reduces the risk of loss on the portfolio None of the above QUESTION 29 All of the following are advantages of buying call options instead of stock EXCEPT: options represent an opportunity to control shares of stock without making a large dollar commitment commissions on stock trading are greater than those on options trading, options can be quite conservative and used to reduce risk. All of the above are advantages Click Save and Submit to save and submit. Click Save All Answers to save all answers Save A