Assertion: straddle's loss | /r/HasProperty | 575 per position
Facets:
Source sentences:
text: If stock XYZ is trading at $71, the 70 strike call is trading at $3, and the 70 strike put can be purchased for $2.75, the total cost and the maximum possible loss on the trade will be $5.75 ($3 + $2.75 = $5.75) per share, or $575 per position (consisting of one call and one put).