n NISM Certifications
XIII NISM Series XIII
Medium

A trader sells a call without underlying stock. This is called:

Practice question from NISM Series XIII for SIF - Mock Test 9 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Protective Put

  2. Naked Call

    Correct answer

  3. C

    Covered Call

  4. D

    Butterfly

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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