Question: After learning about an ACES option strategy, you decide to develop an ACES strategy on META stock (ticker META). The stock is currently trading at

After learning about an "ACES" option strategy, you decide to develop an ACES strategy on META stock (ticker META). The stock is currently trading at $100 per share. Below are options on META that you use for the strategy. All options have the same expiration date. Which options do you buy and short to accomplish an ACES strategy?

Call Option with 100 strike

Call Option with 120 strike

Put Option with 80 strike

Group of answer choices:

Buy 100 strike call, Buy 120 strike call, Short 80 strike put

Buy 100 strike call, Buy 120 strike call, Buy 80 strike put

Short 100 strike call, Short 120 strike call, Short 80 strike put

Buy 100 strike call, Short 120 strike call, Short 80 strike put

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