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You establish a straddle on Walmart using September call and put options with a strike price of $91. The call premium is $7.55 and the
You establish a straddle on Walmart using September call and put options with a strike price of $91. The call premium is $7.55 and the put premium is $8.30. a. What is the most you can lose on this position (Input the amount as positive value. Round your answer to 2 decimal places.) Answer is complete and correct. Maximum loss $ 15.85 b. What will be your profit or loss if Walmart is selling for $93 in September? (Input the amount as positive value. Round your answer to 2 decimal places.) Answer is complete and correct. Loss of 13.85 c-1. What is the Break-even price for lower bound? (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Break-even price for lower bound $ 7,515.00 X
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