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What is the profit/loss of the following portfolio at expiration of both options when the market price of Stock X is $52.05? Buy one CALL
What is the profit/loss of the following portfolio at expiration of both options when the market price of Stock X is $52.05?
Buy one CALL option with strike price of $50 and premium of $2.
Sell two PUT options with strike price of $55 and premium of $1.5.
Assume each option is for one share of stock only.
The profit of the portfolio is $
Please show your work.
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