Question: You simultaneously write a covered put and buy a protective call, both with strike prices of $70, on stock that you have shorted at $70.

 You simultaneously write a covered put and buy a protective call,

You simultaneously write a covered put and buy a protective call, both with strike prices of $70, on stock that you have shorted at $70. What are the expiration date payoffs to this position for stock prices of $60 $65, $70, $75, and $80? (Negative amounts should be indicated by a minus sign. Leave no cells blank- be certain to enter "O" wherever required. Omit the "S" sign in your response.) Protective Call Total Payoff Short Put PayoffPayoff Short Profit Stock Price $60 $65 $70 $75 $ $80

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