Chapter 02 · Section 2.1
Offset
Which of the following positions allow you to offset?
e) b and d
No. Not just (b) and (d.) Do not confuse a covered short position with offsetting. A covered short position describesthe relationship between the options position and the position in the underlying asset.
f) a, b, c and d
a) Long call
b) Short call
c) Long put
d) Short put
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