题目
Which portfolio will create a bull spread?
选项
A.Buy a put with a strike price of 32 and buy a call with a strike price of 25.
B.Buy a put with a strike price of 25 and sell a call with a strike price of 32.
C.Buy a call with a strike price of 32 and sell a call with a strike price of 25.
D.Buy a call with a strike price of 25 and sell a call with a strike price of 32.
答案
D
解析
A bull spread involves buying a put with a low strike price and selling another put with a high strike price or buying a call with a low strike price and selling another call with a high strike price.牛市价差策略的基本规则是买低(执行价)、卖高(执行价)。