Strap - Graphical Draw the net profit diagrams for the put and call positions and for the entire strap trade using the following attributes Put: Strike = $30, Premium = ? Call: Strike = $30, Premium = $2.00 Since the put and call have the same strike price, you can use put-call parity from Chapter 11 to obtain the put premium. Assume: r So T 3.00% $30.00 0.25 What does it cost to put on this trade? (If you get paid, that's a negative cost)