Question: A customer buys a ABC Jan 50 Call at $4 and buys 1 ABC Jan 50 Put at $3 when the market price of ABC

A customer buys a ABC Jan 50 Call at $4 and buys 1 ABC Jan 50 Put at $3 when the market price of ABC is 51. The market price rises to $70 and the call is exercised. The stock is sold in the market. The put is exercised. The customer gain is? Max potential loss?

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