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4. If I hold 100 shares of CVNA which I bought at $25.17. If I want to protect my position from the downside and bought

4. If I hold 100 shares of CVNA which I bought at $25.17. If I want to protect my position from the downside and bought Option #2, then what is my max loss from the combined position?

Option #2: $22 (strike) Sep. 30th, 2022 (expiration date) $0.78 (premium) Put

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