Long Strangle
A long strangle is an options strategy where a trader buys a call option and a put option on the same underlying asset, both with the same expiration date. The call’s strike price is above the current market price, while the put’s is below. Investors use long strangles when they anticipate a large price movement in the underlying asset but are unsure of the direction of the movement.
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Book Running Lead Manager
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Issuer
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Dividend Stripping
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