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Short Gut

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A short gut sells an in the money call and an in the money put, the call struck below the put, collecting a large credit that includes the intrinsic value of both legs. The trade works out when the underlying finishes between the strikes and the credit exceeds the intrinsic value handed back at assignment. The short call leaves upside exposure unbounded, so risk here is not defined.

Both legs resolve to option symbols from your inputs, with bid, ask and previous close pulled on demand and the stock's last price shown for reference.

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