Question: A strangle involves 1. Buying a call and a put with same expiration date and different exercise price 2. Buying a call and a put

A strangle involves

1. Buying a call and a put with same expiration date and different exercise price

2. Buying a call and a put with same expiration and same exercise price

3. Buying a call and a put with same strike price and different maturities

4. Buying two calls at same expiration date and different exercise prices.

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