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What is the total initial income from selling +/- 10% straddle on 100,000 shares of this stock? Ignore the fact that uncovered options are used
What is the total initial income from selling +/- 10% straddle on 100,000 shares of this stock? Ignore the fact that uncovered options are used and ignore the escrow accounts:
Underlying stock price $150
Strike=160 call premium=$12
Strike=165 call premium=$18
Strike=140 put premium=$13
Strike=135 put premium=$19
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