n NISM Certifications
XIII NISM Series XIII
Medium

In Bullish vertical spread using put strategy, trader _________.

Practice question from NISM Series XIII for SIF - Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Buy call with lower strike and sell a put option with higher strike

  2. Buy put option with lower strike and sell a put option with higher strike

    Correct answer

  3. C

    Buy put option with higher strike and sell a put option with lower strike

  4. D

    None of the above

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

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