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Please answer all three questions. No explanation necessary. ARCN is trading at $70. You buy a JUN 60 put for $0.50, write a JUN 70

Please answer all three questions. No explanation necessary.image text in transcribed

ARCN is trading at $70. You buy a JUN 60 put for $0.50, write a JUN 70 put for $4.00, write a JUN 70 call for $4.00 and buy a JUN 80 call for $0.50. At expiration, ARCN is trading at $70. 10. What is your maximum possible loss? 11. What are the breakeven points? 12. What is the name of the strategy

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