When discussing options, we considered different option 'strategies'. Which statement is False

A$)$ If one buys a stock, buys a put on that stock, writes a call on that stock $($call$,$ put with same strike price and time to maturity$),$ one creates a risk$-$free portfolio with payoff equal to the options' strike price.

B$)$ If one buys a stock together with writing a put option on that stock one calls this a protective put strategy.

C$)$ A strangle can be created by taking a long position in a call and put option with the same expiration date and the exercise price of the put option falls below the exercise price of the call option. D$)$ A rational speculator taking a long position in a call option expects the underlying stock price to go up$.$

Ans: B