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Q4. PQ Inc is expected to announce its quarterly earnings in two weeks. PQs stocks are currently trading at $43. You are an investor with

Q4. PQ Inc is expected to announce its quarterly earnings in two weeks. PQs stocks are currently trading at $43. You are an investor with knowledge of options and would like to take advantage of your expertise. What options strategy would you use around the earnings announcement to make profit? Outline the payoffs of your strategy.

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