A call option with a strike price of $50 costs $2. A put option with a strike

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A call option with a strike price of $50 costs $2. A put option with a strike price of $45 costs $3. Explain how a strangle can be created from these two options. What is the pattern of profits from the strangle? 10.8, put-call parity to relate the initial investment for a bull spread crusted using calls to the initial investment for a bull spread created using pus

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