Question: Use options with strike K2 = $20.00: a. Draw a covered put (long stock plus long put) profit diagram. b. Give a reason why a

Use options with strike K2 = $20.00:
a. Draw a covered put (long stock plus long put) profit diagram.
b. Give a reason why a trader might want to hold a covered put position.
c. Explain the difference between a married put and a protective put.

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