please really describe the steps and processes. im having a really hard time understanding this.

or aution: porchen put w/ strike price of $70 but a pet w/ stich price of 480 Suor stak / some maturity date one option sells for $3, other sells for $9 the payoff/ profit function for the StE70 Do 2 st 580 Purchase Part X-20 opt. maturity St 80 short put X 90 16. Da papfe/profit gleph @ maturity 9 is breekween point? Way encente or this strategy