Question: 3. A trader sells a strangle by selling a put option with a strike price of K1 = $40 for P=$4. and selling a call
3. A trader sells a strangle by selling a put option with a strike price of K1 = $40 for P=$4. and selling a call option with a strike price of K2 = $50 for C=$3. For what range of prices of the underlying asset does the trader make a profit?
]$40;$50[
]$44;$53[
]$40;$54[
]$33;$57[
Cannot tell from the given information
None of the above
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