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7. A stock is selling for $35. You buy an April 30 call option for 3.75 and short (write) an April 30 call option for
7. A stock is selling for $35. You buy an April 30 call option for 3.75 and short (write) an April 30 call option for 1.25. If the stock is $43 at expiration, what will be your profit or loss on the spread? 7. A stock is selling for $35. You buy an April 30 call option for 3.75 and short (write) an April 30 call option for 1.25. If the stock is $43 at expiration, what will be your profit or loss on the spread
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