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A call option with a strike price of $65 costs $8. A put option with a strike price of $58 costs $9. 1) How can

A call option with a strike price of $65 costs $8. A put option with a strike price of $58 costs $9. 1) How can a strangle be created? 2) With the strangle created above, what is the profit/loss if the stock price is $41? 3) With the strangle created above, when would the investor gain a positive profit?

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