26. 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 $6. What is the Maximum Loss? * (5 Points) Unlimited Stock price minus the premium Strike price minus the premium Net premiums paid 27. Coqui stock is currently trading at a market price ($) of $72. You do not own the stock, but you have an options strategy in place. You are short a put option on 1 share with a strike price (X) of $65 and have a short call option with a strike price (X) of $89. The premium on the $65 call option was $3. The $89 call option's premium was $2. How would you describe this strategy? * (5 Points) Bullish Bearish Neutral