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QUESTION 2 You have an option strategy on the same stock. You buy a call option for 30c at an exercise price of 90c, and

QUESTION 2

You have an option strategy on the same stock. You buy a call option for 30c at an exercise price of 90c, and you write a put option at an exercise price of $1 for 5c. When the option expires the spot price of the stock is $1.05c. What is your profit/loss?

a.
-10c

b.
+20c

c.
+15c

d.
-15c

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