Question 8 In butterfly spread strategy having European options with three strikes (K1, K2 and K3), there are 1. 4 call options with two long calls at K1 and K3, and two short calls both at K2. 2. 4 put options with two long puts at K1 and K3, and two short puts both at K2. 3. Both of 1 and 2 4. None of above > A Moving to another question will save this response. MacBook Air