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Suppose you buy a call with a strike price of 40 write a

Suppose you buy a call with a strike price of $40, write a call with a strike price of $50, write a put with a strike price of $40, and buy a put with a strike price of $50. What is the total payoff (not profit) if the stock price is $53.67 at expiration and each option represents one share of stock?

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Finance Basics: Suppose you buy a call with a strike price of 40 write a

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Finance Basics: Suppose you buy a call with a strike price of 40 write a

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