You want to buy 100 shares of XYZ stock and you don't want to pay more than $20 per share for it. Which option strategy would be the least expensive? 1. Sell one xyz 20 put for 53. 2. Buy one xyz 20 put for 51. 3. Buy one xyz 20 call for $2. 4. Sell one xyz 20 call for $4.

You want to buy 100 shares of XYZ stock and you don't want to pay more than $20 per share for it. Which option strategy would be the least expensive? 1. Sell one xyz 20 put for 53. 2. Buy one xyz 20 put for 51. 3. Buy one xyz 20 call for $2. 4. Sell one xyz 20 call for $4.

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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