Series 7 - General Securities Representative Exam

Training Mode

A portfolio manager is long 10 million dollars of large cap diversified stocks. She is concerned about a market downturn and wants to hedge the portfolio. Which of the following is she LEAST likely to do?

Buy SPX puts
A
Buy SPX put spreads
B
Sell RUT call spreads
C
Buy the 10 delta DJIA puts via the DIA ETF
D