question archive You set up a Long Strangle on 100 shares of DuPont using one $125 call @ $6
You set up a Long Strangle on 100 shares of DuPont using one $125 call @ $6
Subject:FinancePrice: Bought3
You set up a Long Strangle on 100 shares of DuPont using one $125 call @ $6.65 and one $116 put @ $10.20.
At expiration DuPont is trading at $135.60
When you set up the strangle you pay $___?___
On this strategy the lower breakeven price is $___?___
and the upper breakeven price is $___?___
You hold the strangle to expiry so your profit (loss) is $___?___
