1. You bought two call options with the same underlying assets, same maturity, but different strike prices. This strateg

[answerhappygod]

1. You bought two call options with the same underlying assets,
same maturity, but different strike prices. This strategy is
called
a. protective put
b. straddle
c. combination
d. spread
2. What is the maximum loss for a put option buyer?
a. 10%
b. 100%
c. Unlimited
d. 0%
3. You purchased 3 call option contracts at a premium of
$2.10 and a strike price of $55. At expiration, the stock price was
$57.6 per share. What is your percentage return?
a. 4.73%
b. 23.81%
c. 0.91%
d. 123.81%