ABC common stock has been moving up recently and one of your clients purchased several hundred share of the stock this morning.

Question

3 years ago

8

ABC common stock has been moving up recently and one of your clients purchased several hundred share of the stock this morning.

Since the investor purchased the stock, the price went up by one point and then returned to the price that the customer paid this morning. The client decides to buy a call option on ABC common stock. The most likely reason for the purchase of the call would be:________.

Business

1 answer:

BabaBlast [244] · Answer 1 · 2022-07-29T06:41:14+03:00

Answer:

ABC common stock has been moving up recently and one of your clients purchased several hundred share of the stock this morning. Since the investor purchased the stock, the price went up by one point and then returned to the price that the customer paid this morning. The client decides to buy a call option on ABC common stock. The most likely reason for the purchase of the call would be: inflation or hike in price

Explanation: