ACI

3I0-012 · Question #382

What is a long strangle option strategy?

The correct answer is B. A long call option + long put option with a lower strike price than the call option. See the full explanation below for the reasoning.

Question

What is a long strangle option strategy?

Options

AA short call option + short put option with a higher strike price than the call option
BA long call option + long put option with a lower strike price than the call option
CA short call option + short put option with a lower strike price than the call option
DA long call option + short put option with higher strike price than the call option

How the community answered

(26 responses)

A
4% (1)
B
85% (22)
C
4% (1)
D
8% (2)

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