Chapter 07 · Section 7.1

Long Strangle Question 1

You are long the September 40 - 50 strangle with the underlying stock at 45. You:

a) are long and want the market to rally.
b) are short and want the market to fall.
c) are neutral and want the market to sit.
• d) are neutral but want the market to move in either direction.
  Yes.Continue