SIE Exam Question 668: Answer and Explanation

Question: 668

____ Purchasing a put option while holding shares of the underlying stock from a previous purchase.

  • A. Collar
  • B. Spread
  • C. Straddle
  • D. Protective put

Correct Answer: D

Explanation:

In a protective put, an investor purchases a put option while holding shares of an underlying stock from a previous purchase.

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