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Imagine you are simultaneously buying a Tesla at-the-money put option, Tesla stock and you also sell an at-the-money Tesla call option. All a the same

Imagine you are simultaneously buying a Tesla at-the-money put option, Tesla stock and you also sell an at-the-money Tesla call option. All a the same time and the strike prices are the same and equal to the purchase price of the stock (hence at-the-money). Your position consisting of these three legs as described can have a positive payout to you at option maturity only when: Answer Choices:

Tesla stock stays unchanged

Tesla stock goes up

It can never have a positive payout

Tesla stock goes down

Tesla stock goes either up or down

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