Question: Assignment #4 OPTIONS(1)(1) n Layout References Mailings Review View Help Tell me what you want to do trading? Explain a long straddle from a market

Assignment #4 OPTIONS(1)(1) n Layout References Mailings Review View Help Tell me what you want to do trading? Explain a long straddle from a market view standpoint. 4) What is an option strangle and how it is used in options trading? Explain a short strangle and how it is used in options trading. 5) What is an option butterfly? Explain how it used in options trading. 6) Explain what the "Smile" is and how does that relate to option collars

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