Question: you are buying both call and put options. how much are the maximum losses per euro (for strangle)? use the following info: call option premium:

you are buying both call and put options. how much are the maximum losses per euro (for strangle)?
use the following info:
call option premium: $0.03/
put option premium: $0.02/
call strike price: $1.20/
put strike price: $1.10/
a) $0.03/
b) $0.08/
c) $0.02/
d) $0.05/

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