all redox reactions involve

1.the gain of electrons only
2.the loss of electrons only
3.both the gain and the loss of electrons
4.neither the gain nor the loss of electrons

3, right?

correct.

Yes, you are correct. Redox reactions involve both the gain and loss of electrons. In a redox reaction, one species undergoes oxidation, which involves the loss of electrons, and another species undergoes reduction, which involves the gain of electrons. These two processes always occur simultaneously in a redox reaction. So, option 3 is the correct answer.