n NISM Certifications
VIII NISM Series VIII
Medium

Mr. Sriniwas takes a short position in a call option but does not take any offsetting position in the underlying stock. This strategy is known as ______ .

Practice question from NISM Series VIII - Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Writing a covered call

  2. Writing a naked call

    Correct answer

  3. C

    Butterfly strategy

  4. D

    Protective put strategy

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

Test yourself for real

Take a full NISM Series VIII mock test.

Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.