Question
An investor purchases a stock for $49 and a put for $.45 with a strike price of $44. The investor sells a call for $.45
| An investor purchases a stock for $49 and a put for $.45 with a strike price of $44. The investor sells a call for $.45 with a strike price of $57. What is the maximum profit and loss for this position? (Loss amount should be indicated by a minus sign.) |
| Maximum profit | $ |
| Maximum loss | $ |
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Technology And Finance Challenges For Financial Markets Business Strategies And Policy Makers
Authors: Morten Balling, Frank Lierman, Andy Mullineux
1st Edition
041529827X, 978-0415298278
