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1 pts D Question 5 Three months later, you successfully close Mrs. Johnson portfolio. You expect that moving forward, NFLX prices will not vary much,

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1 pts D Question 5 Three months later, you successfully close Mrs. Johnson portfolio. You expect that moving forward, NFLX prices will not vary much, at least for a while. While the low- volatility setting lasts, you advise Mrs. Johnson that she could follow a Butterfly strategy using three call options with strikes 117, 129 and 136, which have premiums of 20, 17, and 15, respectively. Mrs. Johnson accepts your recommendation. After some time, some important changes will once again be announced by NFLX. You decide to close the Butterfly portfolio given that volatility starts to increase. NFLX shares are trading at 77. What is the total profit of your portfolio? Keep in mind that each call option contract controls 100 shares. ***Please round your answer to the nearest three decimals

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