What will be your total profit or loss

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The market price of Blockchain stock has been very volatile and you think this volatility will continue for a few weeks. Thus, you decide to purchase a 1-month call option contract with a strike price of $45 and an option price of $1.94. You also purchase a 1-month put option on the stock with a strike price of $45 and an option price of $.87. What will be your total profit or loss on all the transactions related to these option positions if the stock price is $46.86 on the day the options expire?

Reference no: EM132045229

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