Consider the following strategy:

Short call option with a strike price of $)=($$$8\mathrm{.}5$

Long $2$ call options with a strike price of $)=($$$4$

Short call option with a strike price of $)=($$$2\mathrm{.}5$

What is the cost of the strategy?

Construct a payoff table as a function of the stock price at expiration.

What is the maximum profit?

What is the maximum loss?

What are the breakeven points?

Graph the profit or loss at expiration as a function of the price of the stock at expiration.