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Here is a table of call option quotes on Nike (NKE) from CBOT on 2 March 2020 On that day NKE traded at $89.59 The
Here is a table of call option quotes on Nike (NKE) from CBOT on 2 March 2020 On that day NKE traded at $89.59 The options expire June 192020 Suppose that you purchase the $87.50 strike price call and sell the $92.50 strike call. Ignoring commissions, the maximum profit of your strategy is closest to: $805 $225 $240 $275
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