Which of the following choices and Kurt speculative risk? Stocks. Fire insurance on the house. Options. Life insurance. High interest savings account.

The choices that involve speculative risk are:

1. Stocks: Investing in stocks involves the risk of losing money as stock prices can fluctuate greatly.
2. Options: Options are financial derivatives that give the holder the right but not the obligation to buy or sell an asset at a specific price within a specific time frame. Options trading involves risk and often speculative in nature.