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You purchased an APPL 500 European call for $10.66 and an APPL 500 European put for $13.66. Both options expire in a month. The combined

You purchased an APPL 500 European call for $10.66 and an APPL 500 European put for $13.66. Both options expire in a month. The combined position will generate a profit if the price of APPL at maturity is: A. Below $475.68 and above $524.32 B. Below $500 and above $524.32 C. Below $475.68 or above $500 D. The strategy cannot be profitable E. Between $475.68 and $524.32 I need workings please

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