You Buy One Home Depot June 60 Call Contract and One

question 42

Multiple Choice

You buy one Home Depot June 60 call contract and one June 60 put contract. The call premium is $5 and the put premium is $3. At expiration, you break even if the stock price is equal to

• A) $52.
• B) $60.
• C) $68.
• D) either $52 or $68.
• E) None of the options are correct.

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