Question: You own a stock that has risen from $10 per share to $15 per share. You wish to delay taking the profit, but you are

You own a stock that has risen from $10 per share to $15 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

a. buy a put option on the stock

b. write call option on the stock

c. buy a call option on the stock

d. write put option on the stock

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