Question: A trader enters into a strap combination strategy using the following options. Sep 16 $80 C - Price: $9.26 Sep 16 $80 P - Price:
A trader enters into a strap combination strategy using the following options. Sep 16 $80 C - Price: $9.26 Sep 16 $80 P - Price: $8.78 What is the profit (or loss) of the trade if the shares are trading for $162 at expiration? (Enter the total trade value, not the per share value)
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