Question
You purchased one TXT call option with a strike price of $50, for a premium of $1.9 and wrote one TXT put option with a
You purchased one TXT call option with a strike price of $50, for a premium of $1.9 and wrote one TXT put option with a strike price of $63, for a premium of $2.4 Without considering transaction costs, what is the breakeven price (stock price at which profit is zero) of this position at expiration date (in half a year)? Pay attention, the underlying asset for both options is the same and so is the expiration date
The breakeven price of this position is $................... Note: Please keep at least 4 decimal places in your calculations and at least 2 decimal places in your final answer
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