please answer question 8

find the solution for question number 8

Question 8 10 pts Look at this option chain. What is the net credit (debit) of an ATM bull put spread? (Remember that options are quoted in points per contract. Assume the contract is for 100 shares). Ignore transaction costs. Bid 5.95 5.23 4.53 3.89 3.27 2.69 Calls Ask 6.00 5.28 4.58 3.93 3.31 2.72 Delta .63 .59 .55 .50 .45 Strike 280 281 282 283 284 285 Delta -.33 -.37 -.41 -.45 -.50 -.55 Puts Bid 2.03 2.31 2.61 2.96 3.34 3.76 2.06 2.35 2.65 3.00 3.38 3.80