An Option Strategy in Which You Hold a Long Position

question 43

Multiple Choice

An option strategy in which you hold a long position in both a put and a call option with the same strike price is called:

• A)a strangle.
• B)portfolio insurance.
• C)a butterfly spread.
• D)a straddle.

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Definitions:

Seizures

Sudden, uncontrolled electrical disturbances in the brain that can cause changes in behavior, movements, feelings, and levels of consciousness.

Epilepsy

A neurological disorder marked by sudden recurrent episodes of sensory disturbance, loss of consciousness, or convulsions, associated with abnormal electrical activity in the brain.

Split-Brain Researchers

Scientists who study patients with severed corpus callosum to understand the separate functions of the brain's hemispheres.

Hemispheres

The two halves of the brain, each of which has distinct functions. The right hemisphere is responsible for creativity and spatial abilities, while the left handles logic and language.