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25. Boricua stock is currently trading at a market price (S) of $95. You do not own the stock, but you have an options strategy

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25. Boricua stock is currently trading at a market price (S) of $95. You do not own the stock, but you have an options strategy in place. You are long a put option on 1 share with a strike price (X) of $92 and a long call option with a strike price (X) of $97. The put option's premium was $5. The call option's premium was $6. What is the Maximum Gain? * Unlimited Stock price minus the premium Strike price minus the premium Net premiums paid

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