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You sell one Huge-Packing August 50 call contract and sell one Huge-Packing August 50 put contract. The call premium is $1.25 and the put premium

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You sell one Huge-Packing August 50 call contract and sell one Huge-Packing August 50 put contract. The call premium is $1.25 and the put premium is $4.50. Your strategy will pay off only if the stock price is _____ in August. A) higher than $55.75 B) between $44.25 and $55.75 C) either lower than $44.25 or higher than $$5.75 D) lower than $44.25

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