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Positions in an Option and the Underlying Stock What is the total P/L profile (at expiry) of each diagram and what is the Option only
Positions in an Option and the Underlying Stock What is the total P/L profile (at expiry) of each diagram and what is the Option only position for an equivalent P/L? Profit Profit K (a) K ST ST Profit A Profit K (b) K ST ST
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