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6) A stock price is currently $23. A reverse (i.e., short) butterfly spread is created from options with strike prices of $20, $25, and $30.

6) A stock price is currently $23. A reverse (i.e., short) butterfly spread is created from options with strike prices of $20, $25, and $30. Which of the following is true?

A) The gain when the stock price is greater that $30 is less than the gain when the stock price is less than $20

B) The gain when the stock price is greater that $30 is greater than the gain when the stock price is less than $20

C) The gain when the stock price is greater that $30 is the same as the gain when the stock price is less than $20

D) It is incorrect to assume that there is always a gain when the stock price is greater than $30 or less than $20

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