Question: When I tracked Netflix the minimum bid/ask spread was 10 cents. It later dropped to 5 cents, where it remains today. True False A protective

When I tracked Netflix the minimum bid/ask spread was 10 cents. It later dropped to 5 cents, where it remains today.

True

False

A protective put strategy is used as a form of insurance for stocks. If held to expiration, the put option increases by $1 for every dollar a stock drops in price, thus putting a "floor" on the stock price.

True

False

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