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Suppose you believed that Target (currently trading at $54) would move strongly in one direction or another over the course of the next month. Call

Suppose you believed that Target (currently trading at $54) would move strongly in one direction or another over the course of the next month. Call options at the strike price of $54 are trading at $3 and put options with the same strike price are trading at $2. How could you use options to make money on the market move you assume will happen?

Using the same data as in question 1, by what minimum dollar amount will Target have to move in either direction in order for you to make a positive profit?

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