You are uncertain of the market direction so you want to play safe and bought a call and a put at 90 dollars and paid 2 dollars premium for the call and 3 dollars premium for the call 1) what is this strategy called 2) state the profit and loss for each of the below prices (the table should be filled if you do not use the table the question will not be graded Price payoff profit 170 180 90 195 110 115 3) draw the payoff and profit diagram (show these prices and the break even points)