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:

Normative Theory

A theoretical framework that prescribes how things should or ought to be, often used in ethical, political, or policy debates.

Ethical Problems

Dilemmas or situations that require a choice between options that are or appear to be, ethically wrong or right.

Leading

Leading creates enthusiasm to work hard to accomplish tasks successfully.

Following

The act of adhering to or being guided by the instructions, leadership, or direction provided by someone else.