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Bull / Bear Spread Consider the following put options: Option 1 : Strike = 3 0 , Price = 4 Option 2 : Strike =

Bull / Bear Spread
Consider the following put options:
Option 1: Strike =30, Price =4
Option 2: Strike =35, Price =7
15
1 point
What is the profit on the bull spread if the stock price is 25?
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16
1 point
What is the profit on the bear spread if the stock price is 25?
1 point
What is the profit on the bull spread if the stock price is $40?
1 point
What is the profit on the bear spread if the stock price is $40?
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