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You have bought the following options on British pounds. Call option premium on British pounds = $0.05 per unit Put option premium on British pounds

You have bought the following options on British pounds.

Call option premium on British pounds = $0.05 per unit

Put option premium on British pounds = $0.03 per unit

Call option strike price = $1.30

Put option strike price = $1.25

What is the full name of this option strategy?

What is your profit per unit in $ if the spot at expiration is $1.08?

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