Susan wants to insure her portfolio against losses, while continuing to benefit from any appreciation in the value of her portfolio. She is most likely to pursue:
A protective put strategy.
A protective put strategy protects investors on the downside (as they are long on put options). They also continue to participate in the upside of the stock (as they continue to hold the underlying stock).
Take more free practice tests for other ASVAB topics with our cfa level 1 exam