Because of economic uncertainty, markets have become more volatile lately. A trader is attempting to take advantage of this with an options strategy. Shares on Generac, an electronic equipment company, are currently trading at $$110$ per share. A December $$115$ call option is trading at $$6$ and a December $$115$ put is trading at $$4\mathrm{.}25.$ Our trader buys one December call and one December put. What type of strategy would this be$?$

Question $11$ options:

long straddle

long strangle

hedge wrapper or collar

calendar spread