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Assume you buy a put bear spread on a stock where the options have exercise prices of $45 and $50 and you also buy a
Assume you buy a put bear spread on a stock where the options have exercise prices of $45 and $50 and you also buy a put bull spread on the same stock where the options have exercise prices of $40 and $45. What will the total position be worth if the stock price at expiration is at $52? Is there a name for this total position?
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