Series 7 - General Securities Representative Exam
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				LMNO stock is trading at $50. It is not an optionable security. Mary wants to take advantage of a downward move in the stock. It is not on the hard to borrow list. What trade may be good for this outlook, given a speculative investment objective?
										Long Stock
									
									A
								
										Long Puts
									
									B
								
										Short Stock
									
									C
								
										Short Puts
									
									D
								Explanations
Short stock. There are no options traded on this symbol. long stock would be buying it.