Draw a payoff profile for the following option strategies: Buy a protective put, $3...

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Finance

Draw a payoff profile for the following option strategies:

Buy a protective put, $3 premium, $67 exercise price, when you bought the shares for $75.

Write a call, $2 premium, $40 exercise price.

Also, write a covered call on the shares purchased at $30, using the option above.

Please explain and show steps.

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