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A short straddle is an options trading strategy where an investor simultaneously sells a call option and a put option at the same strike price

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A short straddle is an options trading strategy where an investor simultaneously sells a call option and a put option at the same strike price and expiration date for the same underlying asset. This is a neutral strategy, meaning the investor is not betting on the underlying asset's price moving in any particular direction. You are interested in investing in a Short Option Straddle in ACME Stock. You have the following data: Current Stock Price =$45.00 Dual Strike Price =$47.00 Call Option Premium =$5.00 Put Option Premium =$2.00 Which of the following statements is most accurate as it pertains to the Short Straddle. Looking at prices from $30 to $60 with increments of $1, at which stock price will you incur the largest dollar loss Show answer choices ^ At the stock price of $36, you will incur the largest loss. At the stock price of $30, you will incur the largest loss. At the stock price of $59, you will incur the largest loss

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