Series 7 - General Securities Representative Exam

Training Mode

An investor wants to buy JKL stock (currently trading at $50) but doesn't want to pay the current price. The investor only wants to buy it at a lower price. and is not in any hurry to buy it, might employ which of the following strategies?

Buy the stock and sell a higher priced call
A
Write a 55 call
B
Write a 45 put
C
Buy a 47.50 put
D