The Derivative Based Strategy Known as Portfolio Insurance Involves

Multiple Choice

The derivative based strategy known as portfolio insurance involves

A) the sale of a put option on the underlying security position.
B) the purchase of a put on the underlying security position.
C) the sale of a call on the underlying security position.
D) the purchase of a call on the underlying security position.
E) the simultaneous sale of an out-of-the-money put and purchase of an out-of-the-money call.