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Suppose you just bought 100 shares of Nvidia. The price of a share of Nvidia stock is $500. This is also the price at which

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Suppose you just bought 100 shares of Nvidia. The price of a share of Nvidia stock is $500. This is also the price at which you purchased it. An April call option on Nvidia stock has a premium of $10 and an exercise price of $550. An April put option on Nvidia stock has a premium of $22 and an exercise price of $500. Another April put option on Nvidia stock has a premium of $6 and an exercise price of $400. 1) If you were to purchase the $500 put and sell the $550 call and the $400 put, what would your profit be at expiry, if Nvidia's stock price was $525 (including the profit on the stock)? 2) What is the maximum potential profit of this option strategy (including the profit on the stock)? 3) What is the maximum potential loss of this option strategy (including the profit on the stock)? 4) What is the name of this option strategy

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