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You set up a Long Strangle on 100 shares of DuPont using one $125 call @ $6.65 and one $116 put @ $10.20. At expiration
You set up a Long Strangle on 100 shares of DuPont using one $125 call @ $6.65 and one $116 put @ $10.20.
At expiration DuPont is trading at $135.60
When you set up the strangle you pay $___?___
On this strategy the lower breakeven price is $___?___
and the upper breakeven price is $___?___
You hold the strangle to expiry so your profit (loss) is $___?___
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