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You sell two ABC August 50 call contracts and one ABC August 50 put contract. The call premium is $1.25 and the put option is

You sell two ABC August 50 call contracts and one ABC August 50 put contract. The call premium is $1.25 and the put option is $4.50. Your strategy will pay off only if ABC stock price in August is:

a. between $46.5 and $57

b. between $43 and $53.5

c. between $44.25 and $55.75

d. between $43 and $57

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