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Option Chain for Apple Inc. (AAPL) Calls Last Chg Bid Ask Vol Open Int Root Strike Puts Last Chg Bid Ask Vol Open Int Aug

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Option Chain for Apple Inc. (AAPL) Calls Last Chg Bid Ask Vol Open Int Root Strike Puts Last Chg Bid Ask Vol Open Int Aug 17, 2018 19.59 -0.69 19.20 19.45 37 3040 AAPL 170 Aug 17, 2018 2.32 0.08 2.30 2.34 423 4874 Aug 17, 2018 16.27 0.38 15.35 15.50 70 2882 AAPL 175 Aug 17, 2018 3.34 -0.01 3.35 3.45 191 3730 Aug 17, 2018 12.00 -0.53 11.80 11.90 56 5729 AAPL 180 Aug 17, 2018 4.87 0.02 4.80 4.90 28 2723 Aug 17, 2018 8.80 -0.50 8.70 8.80 240 5961 AAPL 185 Aug 17, 2018 6.80 0.20 6.75 6.85 590 4231 Aug 17, 2018 6.25 -0.50 6.15 6 25 7223 AAPL 190 Aug 17, 2018 9.30 0.25 9.25 9.35 42 4166 Aug 17, 2018 4.25 -0.45 4.15 4.25 150 6920 AAPL 195 Aug 17, 2018 11.75 -0.55 12.25 12.35 91 390 Aug 17, 2018 2.75 -0.25 2.70 2.73 304 8129 AAPL 200 Aug 17, 2018 15 20 -0.16 15.80 15.95 97 378 You found the options chain above for AAPL. You plan to construct a Bull Call Spread with strikes at $190 and $195. What is the most that you can gain from this transaction? Assume that you are buying 9 of each contract (a total of 9 BCS strategies). State your answer as an even dollar amount with no decimal places and in total dollar terms

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