Question: 9.6. What is the difference between a strangle and a straddle? 9.7. A call option with a strike price of $50 costs $2. A put

9.6. What is the difference between a strangle and a straddle? 9.7. A call option with a strike price of $50 costs $2. A put option with a strike price of $45 costs $3. Explain how a strangle can be created from these two options. What is the pattern of profits from the strangle? 09 Iannut saritalota initialitoa dated withinitial
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