A Long Position in a Strangle Is

question 16

Multiple Choice

A long position in a strangle is:

• A)A short squeeze on a straddle.
• B)Worth more than a straddle whose strike lies within that of the strangle.
• C)Worth less than a straddle whose strike lies within that of the strangle.
• D)A choke hold on someone else's throat.

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Definitions:

Margarine

A butter substitute made from vegetable oils or animal fats, often used in cooking or as a spread.

Inelastic

A characteristic of a good or service whose quantity demanded or supplied changes by a smaller percentage than changes in price.

Sensitive

Capable of perceiving with the senses or responsive to stimuli or changes in the environment.

Demand

The desire to purchase goods and services backed by the ability and willingness to pay a price.