A covered call position is a the simultaneous

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Chapter 14 / Exercise 2
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59. A covered call position is A. the simultaneous purchase of the call and the underlying asset.B. the purchase of a share of stock with a simultaneous sale of a put on that stock.C. the short sale of a share of stock with a simultaneous sale of a call on that stock.D. the purchase of a share of stock with a simultaneous sale of a call on that stock.E. the simultaneous purchase of a call and sale of a put on the same stock.
60. According to the put-call parity theorem, the value of a European put option on a non-dividend paying stock is equal to:
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Chapter 14 / Exercise 2
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Chapter 20 - Options Markets: Introduction61. A protective put strategy is
62. Suppose the price of a share of Google stock is $500. An April call option on Google stock has a premium of $5 and an exercise price of $500. Ignoring commissions, the holder ofthe call option will earn a profit if the price of the share
63. Suppose the price of a share of IBM stock is $100. An April call option on IBM stock has a premium of $5 and an exercise price of $100. Ignoring commissions, the holder of the call option will earn a profit if the price of the share A. increases to $104.B. decreases to $90.C. increases to $106.D. decreases to $96.E. none of the above.
64. You purchased one AT&T March 50 call and sold one AT&T March 55 call. Your strategy is known as
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Chapter 20 - Options Markets: Introduction65. You purchased one AT&T March 50 put and sold one AT&T April 50 put. Your strategy is known as

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