Question: You shorted a stock that has fallen from $75 per share to $70 per share. You wish to delay taking the profit but you are

 You shorted a stock that has fallen from $75 per share

You shorted a stock that has fallen from $75 per share to $70 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 Buy a put option on the stock Write a call option on the stock. Buy a call option on the stock None of the above

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