You are considering trading the portfolio of the following four options on Apple Inc. (AAPL) stock (all of which are European options that mature on the exact same trading day): Selling a put option on AAPL with a strike price of $110 and premium of $1.76 Buying a put option on AAPL with a strike price of $130 and premium of $2.89 Buying a call option on AAPL with a strike price of $130 and premium of $4.21 Selling a call option on AAPL with a strike price of $150 and premium of $3.55 What is the profit (per unit of underlying stock) of this strategy closest to if the price of AAPL on the expiry date of the options is $132 per share
