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You buy a share of Meta Platforms for 230, and a six-month call option at 220 for 23.90. You sell a six-month put option at

  1. You buy a share of Meta Platforms for 230, and a six-month call option at 220 for 23.90. You sell a six-month put option at 240 for 19.14. You hold your portfolio until the expiration date. On the expiration date you cash out your portfolio. Graph the profits of your strategy as the price of Meta stock at the expiration date goes from 210 to 255. Profits equal the amount you receive at the expiration date for cashing out your portfolio minus the amount you paid for the portfolio.

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