You sell one Huge-Packing August 50 call contract and sell one Huge-Packing August 50 put contract. The call premium is $3.25 and the put premium is $1.50. Your strategy will pay off only if the stock price is in August. between $44.25 and $55.75 either lower than $44.25 or higher than $55.75 between $45.25 and $54.75 either lower than $42.25 or higher than $54.75

You sell one Huge-Packing August 50 call contract and sell one Huge-Packing August 5 put contract. The call premium is $3.25 and the put premiums 51.50. Your strategy will pay off only if the stock price is in August between 544.25 and 555 75 withat lower than 544 25 or higher than 55575 between 545.25 and 554 75 either lower than $42.25 or higher than 554 75