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Please answer all three questions. No explanation necessary. NORK is trading at $65. You buy a SEP 55 put for $0.50, write a SEP 60

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

NORK is trading at $65. You buy a SEP 55 put for $0.50, write a SEP 60 put for $1.00, write a SEP 70 call for $1.00 and buy a SEP 75 call for $0.50. At expiration, NORK is trading at $66. 4. How much did you make or lose? 5. What is your maximum possible gain? 6. What are the breakeven points

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