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A trader sells a strangle by selling a call option with a strike price of $55 for $3 and selling a put option with a
A trader sells a strangle by selling a call option with a strike price of $55 for $3 and selling a put option with a strike price of $45 for $5. For what range of prices of the underlying asset does the trader make a profit?
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Financial Crimes
Authors: Maximilian Edelbacher, Peter Kratcoski, Michael Theil
1st Edition
0367866528, 978-0367866525
