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2) You set up a Short Straddle on 100 shares of Home Depot using one $135 call @ $12.69 and one $135 put @ $18.36.

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2) You set up a Short Straddle on 100 shares of Home Depot using one $135 call @ $12.69 and one $135 put @ $18.36. At expiration Home Depot is trading at $114.66 When you set up the straddle you collect On this strategy the lower breakeven price is $ and the upper breakeven price is $ You hold the straddle to expiry so your profit (loss) is $

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