Question: Three put options on a stock have the same expiration date and strike prices of $50, $60, and $70. The market prices are $3, $5,

Three put options on a stock have the same expiration date and strike prices of $50, $60, and $70. The market prices are $3, $5, and $9, respectively. Alice buys the $50 put, buys the $70 put and sells two of the $60 puts. What is the maximum loss that Alice can face?Three put options on a stock have the same expiration date and

Three put options on a stock have the same expiration date and strike prices of $50, $60, and $70. The market prices are $3, $5, and $9, respectively. Alice buys the $50 put, buys the $70 put and sells two of the $60 puts. What is the maximum loss that Alice can face? a $3 $1 Infinity $2 0

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