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You bought 200 shares of XYZ 35 call option for $2/share, and sold 100 shares of XYZ 36 call option with the same expiration for
You bought 200 shares of XYZ 35 call option for $2/share, and sold 100 shares of XYZ 36 call option with the same expiration for $1/share. Assume there is no dividend, no commission, and zero interest rate. Question 11 (1 point) Saved What is the total cost of your portfolio? $100 $300 $500 $3,400 Question 12 (1 point) Saved What is the maximum loss of this portfolio at expiration? Unlimited $100 $300 $3,400 Question 13 (1 point) What is the maximum gain of this portfolio at expiration? Unlimited $100 $300 $3,400
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