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Please answer all three questions. No explanation necessary. KRNL is trading at $80. You buy a JUN 70 call for $11.50, write two JUN 80
Please answer all three questions. No explanation necessary.
KRNL is trading at $80. You buy a JUN 70 call for $11.50, write two JUN 80 calls for $4.00 each and buy a JUN 90 for $0.50. At expiration, KRNL is trading at $84. 7. What is your maximum possible loss? 8. What were your breakeven points? 9. What is the name of the strategyStep by Step Solution
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