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Suppose you short a $42 Put with a premium of $3 and bought a $38 Put with a premium of $1.What is this strategy called?Ignoring

Suppose you short a $42 Put with a premium of $3 and bought a $38 Put with a premium of $1.What is this strategy called?Ignoring time value of money and transaction costs, calculate max. profit, max. loss and break-even price.

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