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Suppose that you sell for $11 each three call options with a strike price of $69, and buy for $8 each two put options


 

Suppose that you sell for $11 each three call options with a strike price of $69, and buy for $8 each two put options with a strike price of $63. Suppose all options have the same expiration date 0.8 years and the stock price on the exercise date is $58. a) What is the payoff for the call option? Answer = $ b) What is the payoff for the put option? Answer = $ c) What is your profit for the portfolio on the exercise date? Answer = $

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