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A trader buys a call option with a strike price of $45 and sold a put option with a strike price of $40. Both options

A trader buys a call option with a strike price of $45 and sold a put option with a strike price of $40. Both options have 6 months to maturity. The call costs $3 and the premium for the put is $4. What is the profit/loss for this trader if the stock price is $30?

A. 800

B. 1050

C. 950

D. -900

E. -1100

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