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You sold a call option with a strike price 10,00 and a put option with a strike price 10,00.
What is this strategy called?
You sold a strangle on share XYZ and you don’t own the shares! You received a total premium of 3,15.
The strike prices are, for the call 50 and for the put 40. At which quotation of the stock do you start to lose money? ( Multiple answers are possible)