You enter a straddle with a strike price of $90. The call premium is $5.19, and the put premium is $3.17. If the stock price at expiration is $84.12, what is your profit per share?
A) $5.88
B) $2.71
C) -$2.48
D) -$2.71
E) $0.69

Question

Quizplus · Accepted Answer

The Answer of You enter a straddle with a strike price of $90. The call premium is $5.19, and the put premium is $3.17. If the stock price at expiration is $84.12, what is your profit per share?
A) $5.88
B) $2.71
C) -$2.48
D) -$2.71
E) $0.69

You Enter a Straddle with a Strike Price of $90