Question: Problem 2. (1 point) Suppose that you buy a share of stock for 26 dollars, you sell one call for 2 dollars, and you buy

 Problem 2. (1 point) Suppose that you buy a share of

Problem 2. (1 point) Suppose that you buy a share of stock for 26 dollars, you sell one call for 2 dollars, and you buy three puts for 6 dollars each. Assume that all the options have a strike price of 46 dollars, and the same expiration date. If the stock price on the expiration date is 40 dollars, what is your total profit? Answer = dollars

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