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You establish a straddle on Walmart using September call and put options with a strike price of $67. The call premium is $5.10 and the

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You establish a straddle on Walmart using September call and put options with a strike price of $67. The call premium is $5.10 and the put premium is $5.85. a. What is the most you can lose on this position? Maximum loss $ b. What will be your profit or loss if Walmart is selling for $75 in September? of $ c. At what stock prices will you break even on the straddle? Break even prices $ and $

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