Question: Based on the assigned reading material on two different kinds of options straddles, please provide one specific example of each ( long and short straddles)

Based on the assigned reading material on two different kinds of options straddles, please provide one specific example of each (long and short straddles) in the FX market in terms of how it can be used to hedge against transaction exposure as described in chapter 8. Please note that in this discussion forum, you are only required to provide two examples. You need

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