An Option Straddle Is the Simultaneous Purchase (Or Sale) of Both

question 39

True/False

An option straddle is the simultaneous purchase (or sale) of both a put and a call option on the same underlying security.

---

Definitions:

Micromanagement

Micromanagement is a management style characterized by excessive control or attention to details, often resulting in a lack of autonomy for subordinates.

Interpersonal Relations

The connections and interactions between two or more people, often analyzed in a social or work context.

Organization

A systematic arrangement of people and resources designed to achieve a specific purpose or set of goals.

Emotional Impacts

The effects of experiences or events on an individual's feelings and emotional state.