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You are convinced that a stock's price will move by at least 15% over the next 3 months. You are not sure which way the
You are convinced that a stock's price will move by at least 15% over the next 3 months. You are not sure which way the price will move, but you believe that the results of a patent hearing are definitely going to have a major effect on the stock price. You are somewhat more bullish than bearish however. Which one of the following options strategies best fits this scenario? buy a strap write a straddle buy a strip buy a straddle
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