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A trader constructs a straddle by buying a call option with a strike price of $ 5 0 for $ 3 and buying a put
A trader constructs a straddle by buying a call option with a strike price of $ for $ and
buying a put option with a strike price of $ for $ For what range of prices of the underlying
asset does the trader make a profit?
A below $ or above $
B below $ or above $
C between $ and $
D below $ or above $
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