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Which of the following option trading strategies most accurately describes a trading strategy made up of one long put with a strike price = X,
Which of the following option trading strategies most accurately describes a trading strategy made up of one long put with a strike price = X, and one short put with a strike price Y? Where X < Y.
a. Bear Put Spread
b. Short Put Butterfly
c. Long Put Butterfly
d. Bull Put Spread
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