Question: 1 . You established a straddle on Tesla using September 2 0 2 4 call and put options with a strike option of $ 1

1. You established a straddle on Tesla using September 2024 call and put options with a strike option of $178. The call premium cost is $30.10 and the put premium is $40.50.
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 $270 in September?
c) At what stock prices will be breakeven?
2. Calculate profit/loss of purchasing/writing PUT option for Amazon (AMZN) strike $175 Exp MAR 15 for $3.50.
2a) If Price at expiration is $200
2b) If Price at expiration is $165
3. Calculate profit/loss of purchasing/writing CALL option for NVIDIA Corporation(NVDA) strike $890 Exp MAR 15 for $25
2a) If Price at expiration is $905
2b) If Price at expiration is $870

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