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← Explain the use cases of different derivative products in financial markets

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Which strategy would a trader use to profit from high market volatility regardless of the direction of the move?

Which strategy would a trader use to profit from high market volatility regardless of the direction of the move?

Buy a call and sell a put

Buy a call and a put with the same strike (straddle)

Sell a call and buy a put

Sell a straddle