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A month ago, when RAPL was trading at $ 1 3 2 . 2 0 / share you thought that RAPL would would stay close
A month ago, when RAPL was trading at $share you thought that RAPL would would stay close to this price for the next month, so you created an option "short straddle" by:
selling put options with a strike price of $ when the option was quoted at $
selling call options with a strike price of $ when the option was quoted at $
The options expire today when the value of RAPL stock is now $ Ignoring other trading costs and taxes, what is the net profit or loss on this straddle trade?
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