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Consider the following: Identifyer Exercise price (X) ($) Price of Put ($) Put50 50 3.7 Put60 60 9.6 Put65 65 13.4 Use option strategy: buy

Consider the following:

Identifyer Exercise price (X) ($) Price of Put ($)
Put50 50 3.7
Put60 60 9.6
Put65 65 13.4

Use option strategy: buy one Put50 (with X = 50), sell three Put60s (with X = 60), and buy two Put65s (with X = 65).

Find Max profit, max loss and breakeven price of the stock

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