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Acustomer buys 5 abc jan 30 straddles for a total premium of $3,500. just prior to expiration abc stock closes at $21, and the customer closes the options positions at intrinsic value.
the customer will have a:
a. $1,000 gain
b. $1,000 loss
c. $3,500 gain
d. $3,500 loss
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Acustomer buys 5 abc jan 30 straddles for a total premium of $3,500. just prior to expiration abc st...
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