What Is a Long Strangle Option Strategy

question 84

Multiple Choice

What is a long strangle option strategy?

• A) A short call option + short put option with a higher strike price than the call option
• B) A long call option + long put option with a lower strike price than the call option
• C) A short call option + short put option with a lower strike price than the call option
• D) A long call option + short put option with higher strike price than the call option

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Definitions:

Egyptian Pylon

An Egyptian pylon is a monumental gateway to ancient Egyptian temples, consisting of two tapering massive towers joined by a less elevated doorway, often carved with hieroglyphics and religious imagery.

Marine Style

A distinctive style of Minoan pottery characterized by sea creatures, seaweed, and other marine motifs, predominantly found during the Late Minoan period.

Minoan Pottery

Ancient ceramic works produced by the Minoan civilization on Crete and other Aegean islands, noted for their complex patterns and vibrant colors.

Kamares Ware

A type of Minoan pottery from Crete, dating to the Middle Bronze Age, celebrated for its intricate, dark patterns on a light background.