Question: 1.You bought a call option for $4 and a put option for $3. The call and put both have the same $60 strike price and

1.You bought a call option for $4 and a put option for $3. The call and put both have the same $60 strike price and have the same expiration. They are also on the same stock. At what stock prices do you break even?

$60

$57 and $63

$53 and $67

there are no breakeven points

2.

You bought a call option for $4 and a put option for $3. The call and put both have the same $60 strike price and have the same expiration. They are also on the same stock. What is your max loss?

$0

$4

$7

unlimited

3.

You bought a call option for $4 and a put option for $3. The call and put both have the same $60 strike price and have the same expiration. They are also on the same stock. What is your max gain?

$0

$4

$7

unlimited

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