5) You set up a Bear Spread on 100 shares of Pfizer using one $156 put @ $17.59 and one $162 put @ $21.29. At expiration Pfizer is trading at $160.23 To set up the spread you go long one $ put and go short one $ put. To break even on this spread the underlying stock must go to $ You hold the spread to expiry so your profit (loss) is $