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With call option payoff ,pull option payoff,cost,profit. 7. (worth 12 points): Suppose you purchase one Clearwire August $50 CALL option contract quoted at $4 Suppose

With call option payoff ,pull option payoff,cost,profit. image text in transcribed
7. (worth 12 points): Suppose you purchase one Clearwire August $50 CALL option contract quoted at $4 Suppose you also purchase one Clearwire August $50 PUT option contract quoted at $5. The strike price for both options is $50.00. The two options have the same expiration date. What is the profit (loss) at expiration if the Clearwire stock price is: A. $30 B. $40 C. $50 D. $60

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