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QUESTION 58 Sam sells 20 LMF June 50 puts at $6. To establish a straddle, she should: a. Buy 20 LMF June 40 puts. b.

QUESTION 58

Sam sells 20 LMF June 50 puts at $6. To establish a straddle, she should:

a. Buy 20 LMF June 40 puts.

b. Buy 20 LMF June 50 puts.

c. Sell 20 LMF June 50 calls.

d. Buy 20 LMF June 50 calls.

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