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Discuss the following option trading strategies first by describing them and then explain the purpose of the particular trading strategy. INCLUDE the payoff/profit diagrams for

Discuss the following option trading strategies first by describing them and then explain the purpose of the particular trading strategy. INCLUDE the payoff/profit diagrams for each strategy.

a. Protective Put Strategy b. Call plus Bond Strategy c. Put Call Parity Theorem (i.e., not a strategy) d. Straddle (Short and Long) Strategy.

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