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This strategy is called a Strap; Buy one call with x = $ 5 0 and buy 1 put with x = $ 5 0
This strategy is called a "Strap"; Buy one call with $ and buy put with $
I. If $ the sum of the intrinsic values is $
II Regardless of the value of the minimum sum of intrinsic values is $
III. If the call is in the money" the put is "out of the money".
A I and III
B I, II and III
C IIIonly
D II only
E II and III
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