Ch15 q3

You establish a straddle on Walmart using September call and purt options with a strike price of $58. The cal premium is $4 65 and the put premium is $5.40 a. What is the most you can lose on this position? (input the amount as positive value. Round your answer to 2 decimal places.) Maximum loss $ b. What will be your profit or loss if Walmart is selling for $65 in September? (input the amount as positive value. Round your answer to 2 decimal places.) Cick to selec . At what stock prices will you break even on the straddle? (input your answers trom highest to lowest to receive credit for your answers. Round your answers to 2 decimal places Break even prices and