Answer:
(A) The strategy works best in a bull
Explanation:
In the case of the call writing strategy, the following statement should be considered
a. the stock cost basis should be relevant for the tax purpose
b. The call writer should predict the little much change or there may be the decline in the price of the stock
c. If repurchasing is done for closing the transaction so it would result a loss
Therefore the option a is to be considered
