Explanation:
A long call and a long futures position are similar in several ways:
However, they are not similar in risk profile:
Therefore, the exception is B.
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136.2 A long (plain vanilla) call option and a long futures position, both on the same underlying publicly-traded stock, are similar in EACH of the following ways EXCEPT for:
A
Both can be priced analytically
B
Both have unlimited upside and unlimited downside
C
Both forgo interim dividends
D
Both are leveraged relative to the corresponding cash (spot) position