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XYZ stock is trading at $295/share. A trader buys a long butterfly in XYZ stock by buying a 280 strike call option for $27, a
XYZ stock is trading at $295/share. A trader buys a long butterfly in XYZ stock by buying a 280 strike call option for $27, a 320 strike call option for $4, and selling two 300 strike call options for $10 each, a total of $11.00. What is the trader's maximum possible loss per share? (enter 4.00, not 400, for one spread).
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Microsoft Excel Data Analysis And Business Modeling
Authors: Wayne Winston
7th Edition
0137613660, 9780137613663
