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Consider the following option strategy: Long one call with $100 strike price, bought for $11 Long one call with $90 strike price, bought for $20
Consider the following option strategy: Long one call with $100 strike price, bought for $11 Long one call with $90 strike price, bought for $20 Short one call with $105 strike price, sold for $8 Short one call with $95 strike price, sold for $16 1. Draw a picture of the payoff of the option strategy at expiration as a function of the stock price. 2. Draw a picture of the investors profit as a function of the stock price
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