Question: You own a stock that has risen from $10 per share to $32 per share. You wish to delay taking the profit but you are

You own a stock that has risen from $10 per share to $32 per share. You wish to delay taking the profit but you are troubled about the short run behavior of the stock market. An effective action on your part would be to Purchase an index option. Purchase a call. Purchase a put. Utilize a bearish spread
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
