investment

6) An investor buys 1 PepsiCo Feb 35 Call for 3.50 EGP, and 1 PepsiCo Feb 35 Put for 0.50 EGP. when the market price of PepsiCo is at 34.75 EGP. PepsiCo stock moves to 29 EGP and stays there. Just prior to expiration, the positions are closed at intrinsic value. What is the name of this strategy, and What is the gain/loss of the investor? 7) The strike price of a short strangle option contact is 50 EGP for the call, and 40 EGP for the put. The premium per share is 4 EGP. If the market price is 60 EGP and the investor has 100 contracts. a) What will be the total net payoff or loss? b) What is the breakeven point of the short strangle option