Question: You simultaneously write a covered put and buy a protective call, both with strike prices of $60, on stock that you have shorted at $60.

You simultaneously write a covered put and buy a protective call, both with strike prices of $60, on stock that you have shorted at $60. What are the expiration date payoffs to this position for stock prices of $50, $55, $60, $65, and $70? (A negative value should be indicated by a minus sign. Leave no cells blank - be certain to enter "o" wherever required.) Put payoff Call payoff Total payoff Stock price Short profit 50 60 65 70
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