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Exercise Price Call Price Put Price 120 20.90 13.65 125 18.60 16.60 130 16.40 19.65 Current stock price is 125.94 For each option strategy be

Exercise Price Call Price Put Price

120 20.90 13.65

125 18.60 16.60

130 16.40 19.65

Current stock price is 125.94

For each option strategy be sure to graph and label the maximum profit, maximum loss and break even(s).

1. Construct a butterfly spread using the calls available.

2. Construct a butterfly spread using the calls available.

(I expected two different answers)

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