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A ( long ) strangle involves the selling of a put of low strike and the buying of a call of high strike the selling
A long strangle involves
the selling of a put of low strike and the buying of a call of high strike
the selling of a call of low strike and the buying of a put of high sthike
the buying of a put of low strike and the buying of a call of high strike
the buying of a put of low strike and the buying of a call of low strike
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