Which option strategy would you pursue

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Assume that you own 200 shares of Duke Power (DUK)), which you bought for $79.00. You want to increase your return on this investment, but unwilling to take on any unnecessary risk. Which option strategy would you pursue? Be specific, thus I want you to look up current options for Duke Power and tell me which option you would choose, why, and how much you would pay/receive.

Reference no: EM132042057

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