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You SELL one HP August 50 call contract and sell one HP August 50 put contract. The call premium is $1.50 and the put premium
You SELL one HP August 50 call contract and sell one HP August 50 put contract. The call premium is $1.50 and the put premium is $4.50. Your strategy will pay off only if the stock price is in August A. either lower than $44 or higher than $56 B. higher than $56 between $44 and $56 O C. D. lower than $44
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