Question
You establish a short strangle on a company using December call and put options with a strike price of $50. The premium on the call
You establish a short strangle on a company using December call and put options with a strike price of $50. The premium on the call option is $4.80 and the premium on the put option is $5.40. What will be your profit/loss on the position if the companys stock is trading at $55 in December?
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Public Finance
Authors: Richard W. Tresch
3rd Edition
012415834X, 9780124158344
