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Call options on a stock are available with strike prices of $18, $20.5, and $23 and expiration dates in three months. Their prices are $4,
Call options on a stock are available with strike prices of $18, $20.5, and $23 and expiration dates in three months. Their prices are $4, 82, and, $0.5 respectively. Construct a table showing how profit varies with stock price for a butterfly spread. For a butterfly spread you buy one each of the high and low strike calls and sell two of the middle strike calls. Stock Price, ST ST 23
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