Create a strangle by buying the April 125 call and the April 115 put. What's...
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Create a strangle by buying the April 125 call and the April 115 put. What's the maximum loss for this position and what range of stock prices will produce it? Where will you break even? Why would an investor establish a position like this?
Review before completing questions: Assume it's March 10, 2021. Apple stock (AAPL) is selling for $119.92 per share. Using the option prices provided earlier in this lesson, provide analysis to answer tha four rusctions
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Create a strangle by buying the April 125 call and the April 115 put. What's the maximum loss for this position and what range of stock prices will produce it? Where will you break even? Why would an investor establish a position like this?