Question: the answer isnt b. 1.634 and 1.644 is wrong http:// Please use the following information for the next 2 questions. A trader predicts that there
http:// Please use the following information for the next 2 questions. A trader predicts that there will be great price movements of USD/British Pounds in the near future but does not know which direction the price will move, so he decides to use the "long strangle forex options trading strategy to make money in the forex market. The information for the call options and put options and put available for him are given below: Call option premium on British Pounds () = $.008 Put option premium on British Pounds ()- $.006 Call option strike price 1- $1.62 Put option strike price 1 = $1.63 One option contract represents 100,000 Question 10 0/2.75 point What is/are the break-even point(s)li.e., exchange rate(s)) for this strangle? The lower break-even point is $1.634/, and the higher break-even point is $1.644/. The lower break even point is $1.606/, and the higher break even point is $1.644/. The lower break-even point is $1.616/, and the higher break-even point is $1.644/. 12) The lower break-even point is $1.616/, and the higher break-even point is is $1.634/E. The lower break even point is 51.62/. and the higher break even point is 51.63/. View Feedback Please use the following information for the next 3 questions trader predicts that were will be lenitedionice wements of USD in the near future but does not know which direction theorie will move so he decides to use the short straddle forex options trading strategy to make money in the forex market. The Wormation for the call options and put options Du Livadaole lobimare given below: . Call to Do in D $1.6B/E Put option over $20 berunt 15.045 78F Mostly cloudy
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