When Pursuing Portfolio Insurance of a Stock Position,the Minimum Value

Multiple Choice

When pursuing portfolio insurance of a stock position,the minimum value of the portfolio is equal to

A) zero
B) strike price times the number of shares of stocks and puts held
C) strike price divided by the number of shares of stocks and puts held
D) stock price times the number of shares of stocks held
E) strike price times the initial value of the portfolio divided by the stock price minus the put price