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An investor simultaneously sells one September call option on the S&P 500 Index with an exercise price of 1400 and one September put option on

An investor simultaneously sells one September call option on the S&P 500 Index with an exercise price of 1400 and one September put option on the S&P 500 Index with an exercise price of 1400.

What is the name of this strategy? (Believe it is written straddle)

Given these positions, explain the investor's view of the vale of the S&P Index.

For what range of stock prices does the position lead to a profit?

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