Chapter 07 · Section 7.1

Long Put Question 3

An increase in volatility will:

a) decrease the value of your put and increase your return.
• b) have no effect on the value of your put.
  No.
  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.