The market price of ABC stock has been very volatile, and yo…
The market price of ABC stock has been very volatile, and you think this volatility will continue for a few weeks. Thus, you decide to purchase a one-month call option contract on ABC stock with a strike price of $35 and an option price of $. You also purchase a one-month put option contract on ABC stock with a strike price of $35 and an option price of $. What will be your total profit on these option positions if the stock price is $ on the day the options expire? (Round answer to 0 decimal places. Do not round intermediate calculations)