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Bid Ask 20 20 20 Look at the following information. Security Qty Invesco QQQ Trust ETF $399.81 $399.63 QQQ 14 JAN 2022 410 CALL $0.07

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Bid Ask 20 20 20 Look at the following information. Security Qty Invesco QQQ Trust ETF $399.81 $399.63 QQQ 14 JAN 2022 410 CALL $0.07 $0.10 QQQ 14 JAN 2022 415 CALL $0.01 $0.04 QQQ 14 JAN 2022 390 PUT $0.35 $0.36 QQQ 14 JAN 2022 385 PUT 20 $0.17 $0.19 a. If you decide to enter into iron condor spread, how would it be structured, and what would the potential profit or loss be? b. What is the spread's profit-to-loss ratio? c. How much margin (buying power) does this position require? d. What are the breakeven points? e. If the QQQ monthly historic volatility is 2.65%, what is the expected return of this spread

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