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You buy one Home Depot June $60 call contract and one June $60 put contract. The call premium is $5 and the put premium is
You buy one Home Depot June $60 call contract and one June $60 put contract. The call premium is $5 and the put premium is $3. At expiration, you break even if the stock price is equal to
$52. | ||
$60. | ||
$68. | ||
either $52 or $68. |
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