Assertion: put's profit | /r/HasProperty | loss on two short $100 calls
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text: Break-even for this strategy would thus be at a stock price of $113.60 by option expiry, at which point the P/L would be: (profit on long $90 call + $3.60 net premium received) - (loss on two short $100 calls) = ($23.60 + $3.60) - (2 X 13.60) = 0.