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68) You are cautiously bullish on the common stock of the Wildwood Corporation over the next several months. The current price of the stock is

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68) You are cautiously bullish on the common stock of the Wildwood Corporation over the next several months. The current price of the stock is $50 per share. You want to establish a bullish money spread to help limit the cost of your option position. You find the following option quotes: Wildwood Corporation Expiration June June June Underlying Stock price: $ 50.00 Strike Call Put $ 45.00 $ 8.50 $ 2.00 $ 50.00 $ 4.50 $ 3.00 $ 55.00 $ 2.00 $ 7.50 If in June the stock price is $53, your net profit on the bull money spread (buy the 45 call and sell the 55 call) would be 1 A) $300 B) -$400 C) $150 D) $50

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