Chapter 07 · Section 7.1

Long Straddle Question 2

To put on the September 40 long straddle, you:

• a) buy the Sept. 40 call and sell the Sept. 40 put.
  No.
  b) buy the Sept. 40 call and buy the Sept. 40 put.
  c) sell the Sept. 40 call and sell the Sept. 40 put.
  d) buy the Sept. 40 put and sell the Sept. 40 call.