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Consider the following portfolio: -- Long O calls with strike price 137.0 Short 1 calls with strike price 137.0 -- Long O calls with strike

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Consider the following portfolio: -- Long O calls with strike price 137.0 Short 1 calls with strike price 137.0 -- Long O calls with strike price 149.5 Short 1 calls with strike price 149.5 Complete the following payoff table. What choice corresponds to the last row of the table? Position ST 137.0137.0 149.5 Portfolio ? ? O 137 - ST. 137 - ST. 286.5 - 25T O 0. 137 - ST. 286.5 - 25T O 0,ST - 137, 25.-286.5 O 0,149.5 - ST, 286.5 - 25T O 0,286.5 - 25T. 137 - ST

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