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You initiated a short stradle spread on options with $45 and $55 stirkes. Their premiums are $9.3 and $3.5. What is the break even point?
You initiated a short stradle spread on options with $45 and $55 stirkes. Their premiums are $9.3 and $3.5. What is the break even point? What do you profit if the stock ends at $61.5? Please use detail.
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