An investor buys 2 shares of stock for $55 per share in a company and simultaneously buys two call options on the stock

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An Investor Buys 2 Shares Of Stock For 55 Per Share In A Company And Simultaneously Buys Two Call Options On The Stock 1 (37.65 KiB) Viewed 162 times

An investor buys 2 shares of stock for $55 per share in a company and simultaneously buys two call options on the stock with a strike price of $50 for a premium of $2 and sells a put option on the stock with a strike price of $60 for a premium of $3. Options are for a single share of stock each and expire the same day. What is the profit of the investor's strategy when the market price of the stock is $53.1 at the expiry date of the options? The profit of the investor's strategy is $ (Please retain at least 4 decimal places in your calculations and at least 2 decimal places in the final answer.)