n NISM Certifications
XIII NISM Series XIII
Medium

A trader buys a call and a put option of the same strike price and the same expiry. This is called a ________.

Practice question from NISM Series XIII for SIF - Mock Test 10 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Butterfly

  2. B

    Short Straddle

  3. Long Straddle

    Correct answer

  4. D

    Calendar Spread

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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