Reading 49 EOC Q 4 B

Q4B, why do we long the call n sell the share? Can we short the call n buy the share?

Hii

http://www.analystforum.com/forums/cfa-forums/cfa-level-ii-forum/91336845

this Guy has explained it in very clear and simple language…

and always Remeber Hedge Ratio is to lock in return so You have to take opposite possition in Calls and Same position in Put.

Thanks