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note; These are parts of ONE question. Thank you. You buy one Microsoft January 210 call contract and one Microsoft January 210 put contract. The

image text in transcribedimage text in transcribednote; These are parts of ONE question. Thank you.

You buy one Microsoft January 210 call contract and one Microsoft January 210 put contract. The call premium is $14.50 and the put premium is $14.00. Your highest potential loss from this position is... Enter as a dollar amount, without "$." So, $11,000 would be "11000" or "11000.00" but not "$11,000" You are bullish on Bank of America stock, but cautious, currently priced at $24 per share. So, you buy 100 shares at $24 and sell a call option ("write a covered call option") with an exercise price of $25 for which you collect $1.40 per share. You were wrong, and the company declares bankruptcy, wiping out your investment. Assuming no commissions or fees, how much money did you lose

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