Exam #1

total revenue jan 31 straddle call is in money by 137.75 and is worth $13,775 – put is worth nothing – profit = 13,775 – 6900 = 6,875. total revenue for feb 7 straddle is same – put is also worthless – profit 13,775 – 8547.5 = $5,227.5 ................
................