3. You buy a put option with X=$60 and write a put with X=$50. The options are on the same stock and have the same expiration date. One of the puts sells for $3; the other sells for $5. What is the break-even point for this strategy? Is the investor bullish or bearish on the stock? 4. You sell one MBI July 90 call contract for a premium of $3 and two MBI July 90 puts for a premium of $3 each. You hold the position until the expiration date when MBI stock sells for $82 per share. You will realize a per share on this options portfolio