Draw profit graph for the straddle

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Suppose a stock is trading at $30. Li has written a call option with a strike price of $35 and written a put option with a strike price of $25. Suppose the call is currently selling at $1.5 and the put is currently selling at $2.5, Draw his profit graph for the straddle assuming the unit of trade is 100.

Reference no: EM133058374

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