Question: PLEASE HELP! 1. A trader sells a strangle by selling a put option with a strike price of K1 = $40 for P=$4. and selling

PLEASE HELP!

1.

PLEASE HELP! 1. A trader sells a strangle by selling a put

A trader sells a strangle by selling a put option with a strike price of K1 = $40 for P=$4. and selling a call option with a strike price of K2 = $50 for C=$3. For what range of prices of the underlying asset does the trader make a profit? O J$40:$501 O $44:$531 O $ ]$40;$541 J;$ ]$33:$571 Cannot tell from the given information None of the above

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