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1 7 . IfAkashinsteadbecamelonger - termbullishonONON,andNOWchosetobuytheJanuary 2 0 2 6 4 0 CALLfor $ 1 1 . 4 5 and sell the Jan 2 0

17.IfAkashinsteadbecamelonger-termbullishonONON,andNOWchosetobuytheJanuary202640CALLfor $11.45 and sell the Jan 202555 CALL for $3.10. And then, assuming that the January CALL expired worthless, Akash sells an April 2025 out-of-the-money CALL at that point...a....what is this option strategy called?b. Why would Akash choose this trade instead of a standard VERTICAL BULLISH DEBIT CALL SPREAD?c. Contrary to the assumption above, If ONON instead closed at 56 at the January 2025 expiration, what is the profit AKASH would make on this trade, assuming that the Jan 2026 CALL still has $2.40 of Time Value?d. Again, if ONON closed at 56 at the January 2025 expiration and the Jan 2026 CALL still has $2.40 of Time Value, what is Akashs ROI on this trade?

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