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Posted on Jul 20, 2024

Consider butterfly spread strategy where you long two put options with strike prices $25 and $35 and premiums of $1 and $6 respectively and write

Consider butterfly spread strategy where you long two put options with strike prices $25 and $35 and premiums of $1 and $6 respectively and write two puts with a strike price of $30 and a premium of $3 each. what is the max profit and max loss of this strategt?

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