Series 6: Exercise

Exercise

Indicate whether each of the following investors is bullish or bearish.

1. 1. Jim goes long 5 call options on ABC; he is _____ on ABC.
2. 2. Sarah shorts 10 put options on XYZ; she is _____ on XYZ.
3. 3. Allan shorts 5 call options on ABC; he is _____ on ABC.