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What type of financial instrument is depicted in the position diagram shown below? 120 100 80 60 40 20 0 -20 Strike price Gain or

What type of financial instrument is depicted in the position diagram shown below?

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120 100 80 60 40 20 0 -20 Strike price Gain or loss in dollars (thousands) Premium -40 -60 -80 -100+ -120 + 1.37 1.39 1.411.43 1.45 1.47 1.49 151 Exchange ratc (S/E) + 1.53 1.55 1.57 1.59 1.61 O Forward sale. Forward purchase. O Put option. O Call option

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