Unformatted text preview: paid. Long Call e Buying a call 1. belief that stock will rise (bullish outlook); 2. risk limited to premium paid; 3. unlimited maximum reward. Short Put e Writing a put 1. belief that stock will rise (bullish outlook); 2. maximum reward limited to the premium received; 3. maximum risk unlimited down to the Strike Price less the premium received; 4. can be combined with another position to limit the risk....
View Full Document
This note was uploaded on 12/12/2010 for the course ANTHRO 475 taught by Professor Renee during the Spring '10 term at University of Michigan.
- Spring '10