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Intro You sold (wrote) 1 call option on IBM stock with an exercise price of $35 for $8.67 and bought 1 call option on the
Intro You sold (wrote) 1 call option on IBM stock with an exercise price of $35 for $8.67 and bought 1 call option on the same stock with an exercise price of $45 for $3.36. Both options expire in 5 months. Such a portfolio is called a bear spread. Part 1 Attempt 1/4 for 10 pts. What is your profit from selling the call with K=$35 if the stock price is $20 in 5 months (in $)? 1+ decimals Submit 18 Attempt 1/4 for 10 pts. Part 2 What is your profit from buying the call with K=$45 if the stock price is $50 in 5 months (in $)? 2+ decimals Submit Part 3 | Attempt 1/4 for 10 pts. What is your total profit if the stock price is $100 in 5 months (in $)? 2+ decimals Submit
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