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8. Consider the following position: Buy 5 QQQ Jan 35 Calls at 3.85 each Sell 5 QQQ Jan 40 Calls at .85 each a. What

8. Consider the following position: Buy 5 QQQ Jan 35 Calls at 3.85 each Sell 5 QQQ Jan 40 Calls at .85 each a. What type of position is this? b. Is it bullish, bearish, or neutral? c. What is the net investment or margin required? d. What is the maximum profit or gain this can make? e. What is the gain or loss if QQQ is 36.2 at January expiration

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