Practice Problems:

Plot the profit/loss schedule including breakeven prices assuming you write one March 75 Call at $5 and write one March 75 Put at $2.  What is this strategy and why would you employ it?

Plot the profit/loss schedule including breakeven prices assuming you but one February 30 Call at $7 and buy one February 25 Put at $5.  What is this strategy and why would you employ it?

Plot the profit/loss schedule including breakeven prices assuming you buy one March 45 Put at $4 and write one March 40 Put at $3. What is this strategy and why would you employ it?