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please help need it asap Stock XYZ is trading at $40.15. The Oct 202040 call is trading at $1.05, the Oct 202042.5 call is trading
please help need it asap
Stock XYZ is trading at $40.15. The Oct 202040 call is trading at $1.05, the Oct 202042.5 call is trading at $0.2, the Oct 202040 put is trading at $0.85, the Oct 202042.5 put is trading at $2.85. If you go long Oct 40 call and Oct 40 put, this strategy is called: A) A strangle B) A straddle C) A bull spread D) A bear spread Step by Step Solution
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