What Is the Purpose of a Long Strangle Option Strategy

question 362

Multiple Choice

What is the purpose of a long strangle option strategy?

• A) To anticipate very low volatility in the price of the underlying commodity
• B) To anticipate moderately high volatility in the price of the underlying commodity
• C) To anticipate moderate volatility in the price of the underlying commodity
• D) To anticipate very high volatility in the price of the underlying commodity

---

Definitions:

King George Iii

The King of Great Britain and King of Ireland from 1760 to 1820, whose reign included the American Revolutionary War and the loss of the American colonies.

American Loyalty

The sense of allegiance or fidelity to the United States, its principles, and its values.

Idea Of Independence

The concept that a nation, territory, or people should govern itself, free from external control or influence.

Class Conflict

The tension or antagonism which exists in society due to competing socioeconomic interests and desires between people of different classes.