Question: A trader buys two call options and two put options. The first call has a strike price of 55 and a price of 10 The

A trader buys two call options and two put options.

The first call has a strike price of 55 and a price of 10

The second call has a strike price of 65 and a price of 5

The two put options have a strike price of 60 and a price of 7

Plot the net profit

When does the trader make a profit?

When would you employ this strategy?

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