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Please show all work, selected answer was just a guess and may not be correct. need answer as soon as possible. assume 100 shares. You
Please show all work, selected answer was just a guess and may not be correct. need answer as soon as possible. assume 100 shares.
You are cautiously bullish on the common stock of the Wildwood Corporation over the next several months. The current price of the stock is $58 per share. You want to establish a bullish spread to help limit the cost of your option position. You find the following option quotes Wildwoood Corp Underlying Stock price: $58.00 Call Put Expiration Strike June 53.00 9.30 2.80 June 58.00 4.90 3.80 8.30 June 63.00 2.40 Ignoring commissions, the cost to establish the bull spread with calls would be $1.170 O $690 O $440 O $440 income rather than costStep by Step Solution
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