Chapter 06 · Section 6.1

Increase in volatility

An increase in volatility will:

• a) decrease the value of your put and increase your return.
  No. The value of a put will increase as volatility increases.
  b) have no effect on the value of your put.
  c) increase the value of your put and increase your return.
  d) increase the value of your put and decrease your return.
  e) decrease the value of your put and decrease your return.