A put and a call have the following terms:Call: strike price $30term three monthsprice $3Put: strike price $30term three monthsprice $4The price of the stock is currently $29. You sell the stock short and purchase the call. Complete the following table and answer the questions. 
a. What is the maximum possible profit on the position?
b. What is the maximum possible loss on the position?
c. What is the range of stock prices that generates a profit?
d. What advantage does this position offer?
Definitions:
Excessive Worry
A mental state characterized by persistent and overwhelming anxiety about everyday things, beyond what might be considered normal or proportional.
Panic Attacks
Sudden, intense surges of fear, panic, or anxiety that come with physical and psychological symptoms.
Panic Disorder
A psychiatric condition characterized by sudden, recurrent episodes of intense fear or discomfort accompanied by other physical and psychological symptoms.
Compulsive Behaviors
Actions undertaken repeatedly in a ritualistic fashion, often in response to an anxiety-producing situation or thought, without rational motivation.
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