Q. Which of the following actions will not close a long position in a call option? (Solved)
1. Selling a call with the same strike price, expiration, and underlying asset.
2. Buying a put with the same strike price, expiration, and underlying asset.
3. Exercising the call.
4. Allowing the call to expire.
- b. Buying a put with the same strike price, expiration, and underlying asset.