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You simultaneously write a covered put and buy a protective call, both with strike prices of $80, on stock that you have shorted at $80.

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You simultaneously write a covered put and buy a protective call, both with strike prices of $80, on stock that you have shorted at $80. What are the expiration date payoffs to this position for stock prices of $70, $75, $80, $85, and $90? (A negative value should be indicated by a minus sign. Leave no cells blank - be certain to enter "O" wherever required.) Short profit Put payoff Call payoff Total payoff Stock price $ 70 $ 75 X: $ 80 This is a numeric cell, so please enter numbers only. 85 $ $ 90

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