Question: 1. You established a straddle on Tesla using June 2021 call and put options with a strike option of $665. The call premium cost is
1. You established a straddle on Tesla using June 2021 call and put options with a strike option of $665. The call premium cost is $59.90 and the put premium is $63. a) What is the most that you can lose in the position? b) What will be the profit or loss is Tesla is selling at $720 in June? c) At what stock prices will be breakeven
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