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I really need help with the chart!! A trader sells a strangle by selling a call option with a strike price of $50 for $3
I really need help with the chart!!
A trader sells a strangle by selling a call option with a strike price of $50 for $3 and selling a put option with a strike price of $40 for $4.
a) Draw a chart showing the profits from the two options and from the strategy as a whole.
b) In what price range will the trader make a profit?
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