Suppose you hold most of your wealth in stock. What kinds of options should you buy or
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a. You think the stock market will probably do well, but you worry about a crash.
b. You want to get a steady return on your assets. You don’t care whether you get rich from a big rise in the market.
c. You think there will soon be big news about a firm’s earnings, but you don’t know whether the news will be good or bad.
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