Chapter 06 · Section 6.1

Short a call

You are short a call. You have:

• a) sold a call you had in inventory.
  No. If you were holding a call in inventory, selling another of the same call will leave you with a zero net options position.
  b) bought a call in the open market.
  c) bought a call in the open market.
  d) sold a call with the intent to purchase it back in the future.