Question: Using the options below, at what price range would the investor lead to a positive profit when STRADDLE is created? call option with K =

Using the options below, at what price range would the investor lead to a positive profit when STRADDLE is created?

  • call option with K = $60, where its call option price = $1.00
  • put option with K = $60, where its put option price = $7.00

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