You establish a straddle on Walmart using September call and put options with a strike price of $62 The call premium is $4 85 and the put premium is $5 60 a What is the most you can lose on this position b What will be your profit or loss if Walmart is selling for $68 in September c At what stock prices will you break even on the straddle

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You establish a straddle on Walmart using September call and put options with a strike price of $62. The call premium is $4.85 and the

You establish a straddle on Walmart using September call and put options with a strike price of $62. The call premium is $4.85 and the put premium is $5.60.

What is the most you can lose on this position?

What will be your profit or loss if Walmart is selling for $68 in September?

c.	At what stock prices will you break even on the straddle?

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