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You are short a put option and short a call option, both on 1,000 shares of ABC corp, struck at $50. If the price of
You are short a put option and short a call option, both on 1,000 shares of ABC corp, struck at $50. If the price of ABC is $41.55 per share when the options expire, what is the payoff on your position? Please give answer in dollars (without $ sign)
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