If You Were to Purchase an October Option with an Exercise

Multiple Choice

If you were to purchase an October option with an exercise price of 50 for $8 and simultaneously sell an October option with an exercise price of 60 for $2, you would be

A) bullish and taking a high risk.
B) bullish and conservative.
C) bearish and taking a high risk.
D) bearish and conservative.
E) neutral.