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For each of the following positions, provide the maximum possible payoff at expiration. a) Short 5 straddles of strike 200 B) long 5 puts of
For each of the following positions, provide the maximum possible payoff at expiration.
a) Short 5 straddles of strike 200
B) long 5 puts of strike 201, and short 5 puts of strike 200
C) Long 2 calls of strike 200, short 3 calls of strike 200.5, and long 1 call of strike 201.50
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