You expect Zoom Video Communications stock to advance in the near-term and decide to implement a bullish-call-spread
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Question:
You expect Zoom Video Communications stock to advance in the near-term and decide to implement a bullish-call-spread on the stock which is priced at $240 / share. You observe the following option quotes or July calls: Strike Screen Shot 2020-06-17 at 1.06.53 PM.png a) Explain how you would implement this strategy using any/some of the above options. b) Explain how you would profit from this strategy and what your maximum profit on your strategy would be. c) Explain how you would lose from this strategy and what your maximum loss would be.
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