Question: Construct a long strap using the 170 strike options. Identify the break-even prices? The options for Microsoft (stock price $165.13) are trading at the following

Construct a long strap using the 170 strike options. Identify the break-even prices?The options for Microsoft (stock price $165.13) are trading at the following prices:

StrikeCallPut

$165$8.10$6.75

$170$3.25$7.50

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