The correct option is D a hyperbola
Given parametric equations are
x=t+1t ⋯(1)y=t−1t ⋯(2)
From (1)2−(2)2, we get
x2−y2=4
On comparing with ax2+2hxy+by2+2gx+2fy+c=0,
we have
a=1,h=0,b=−1,g=f=0,c=−4
△=abc+2fgh−af2−bg2−ch2=4≠0
and, h2>ab
⇒ The locus is a hyperbola.