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Consider an option strategy the consists of three calls and one put with the same strike price ($10), the same expiration date, and the same
Consider an option strategy the consists of three calls and one put with the same strike price ($10), the same expiration date, and the same premium on both options ($2.) As the writer of this strategy, what is your profit/loss if the stock price at expiration is $5? What if the stock price is $15? Given your position on these options, what do you think the stock is going to do before expiration? Be specific. Show all work. Do not use excel.
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