lou constructed a protective collar strategy on Wallmart. You own one share of Nallmart. To complete your collar, you bought one put option with the strike price of 135 and sold one call option with the strike price of 155 . What is the highest payoff it expiration that your strategy can achieve and over which range of Wallmart share brices? $155 if the price of the Wallmart stock is between $135 and $155 It is not possible to answer this question based on the information provided $155 when the price of the Wallmart stock exceeds $155 $160 dollars when the price of the Wallmart stock exceeds $155 The maximum payoff is potentially unlimited if the price of the Wallmart stock is greater than $155