USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

Multiple Choice

USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
GE Corporation has a put option selling for $2.90 and a call option selling for $1.95, both with a strike price of $29.00.
-Refer to Exhibit 16.6. Which strategy is most appropriate for an investor who expects share prices to be volatile but was inclined to be bullish?

A) protective put
B) covered call
C) long straddle
D) short straddle
E) long strap