Question: uestion completion Status: - A Moving to another question will save this response. Question 6 Suppose we want to create a pay off diagram for

 uestion completion Status: - A Moving to another question will save

uestion completion Status: - A Moving to another question will save this response. Question 6 Suppose we want to create a pay off diagram for a long strangle. Let's assume the stock is currently trading at $60.00. We buy a call with a strike price of $65 for a premium of $3.13 and we buy a put with a strike price of $50 with a premium of 5.88. What are the gains or losses (per share) from the put when the stock price is $757 OA Gain of $25.00 B. Gain of $24.12 oc Loss of $24.12 op. Loss of 5.88 Moving to another question will save this response ASA

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