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The following profit-loss diagram best illustrates which option strategy? Group of answer choices long butterfly spread short butterfly spread bull spread bear spread long straddle

The following profit-loss diagram best illustrates which option strategy?

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Group of answer choices

long butterfly spread

short butterfly spread

bull spread

bear spread

long straddle

4.00 3.00 2.00 1.00 0.00 100 105 -1.00 -2.00 -3.00

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