Question: You establish a straddle on Google using September call and put options with a strike price of $81. The call premium is $7.05 and the

 You establish a straddle on Google using September call and put

You establish a straddle on Google using September call and put options with a strike price of $81. The call premium is $7.05 and the put premium is $7.80. a. What is the most you can lose on this position? (Input the amount as positive value. Round your answer to 2 decimal places.) Maximum loss b. What will be your profit or loss if Google is selling for $90 in September? (Input the amount as positive value. Round your answer to 2 decimal places.) of

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