Calculate your total profit or loss for each

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Question - You sell 3,000 put options at $2 each and 3,000 call options at $3 each. The exercise price of one put option is $60 and the exercise of one call option is $70.

a. What do you call this strategy?

b. Calculate your total profit/loss for each of the following prices: $50, $55, $60, $65, $75 and $80.

Reference no: EM133182507

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