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Basic Question 2 of 14
The owner of a ______ option anticipates the underlying security to ______ in terms of value.
II. put; decrease
III. call; increase
IV. call; decrease
I. put; increase
II. put; decrease
III. call; increase
IV. call; decrease
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
identify the factors that determine the value of an option and describe how each factor affects the value of an option
CFA® 2025 Level I Curriculum, Volume 5, Module 8.