Hold the position until expiration determine the profits, Risk Management

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Hold the position until expiration determine the profits

A slight variation of a straddle is a strap, which uses two calls and one put. Construct a long strap using the October 165 options. Hold the position until expiration. Determine the profits and graph the results. Identify the breakeven stock prices at expiration and the minimum profit. Compare the results with the October 165 straddle.

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Risk Management: Hold the position until expiration determine the profits

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Risk Management: Hold the position until expiration determine the profits

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