How does long box strategy works

How does long box strategy works

Hi @Litan_Swain
The long box, is a common arbitrage strategy that involves buying a bull call spread together with the corresponding bear put spread, with both vertical spreads having the same strike prices and expiration dates. The long box is used when the spreads are underpriced in relation to their expiration values.

@Abhishek_Malsa
Can this strategy be applied to the stock (equity) moving in side ways