If the January XYZ Corp. 59 call is selling for $1.25, and the January XYZ Corp. 60 call is selling for $.75, construct a bear
If the January XYZ Corp. 59 call is selling for $1.25, and the January XYZ Corp. 60 call is selling for $.75, construct a bear spread using these January 59 and 60 calls.
Draw a hockey stick diagram for the spread, clearly labeling all the critical points.
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Authors: Frank K. Reilly, Keith C. Brown
7th Edition
0324171730, 978-0324171730
