Series 7 - General Securities Representative Exam

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A trader is bullish on MNO stock and wants to make an aggressive trade while defining his risk. His investment objective is speculation. Which of the following might the trader do?

Buy puts
A
Buy calls
B
Sell puts
C
Sell calls
D

Explanations

Traders buy calls in anticipation of rising prices. Buying a call is a defined risk trade. His investment objective is speculation

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