n NISM Certifications
VIII NISM Series VIII
Medium

When you buy a put option on a stock you are owning, this strategy is called _____________ .

Practice question from NISM Series VIII - Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Straddle

  2. B

    Writing a covered call

  3. C

    Calendar spread

  4. Protective put

    Correct answer

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

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NISM Series VIII - Mock Test 2