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Consider the following list of option strategies: I. Buy a low strike price put and sell a high strike price call II. Buy a low

Consider the following list of option strategies:

I. Buy a low strike price put and sell a high strike price call

II. Buy a low strike price put and sell a high strike price put

III. Buy a high strike price put and sell a low strike price put

Which of these creates a bull spread?

a.

None of the other answers is

correct.

b.

Both I and II

c.

II only

d.

I only

e.

III only

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