Portfolio value for option spreads 1. Bull call spread: buy one in the money call and sell one out of the money call. Suppose you initiated a bull call with strike of $75 and 585 fot a stock option The premium for the 575 call is 56.5 and the premium for the $85 call is $15, the current stock price is $80 Calculate intrinsic value and Portfolio value with short position Cost 73 74 75 76 78 79 80 81 82 83 84 15 86 87 Price Intrinsic value Portfolio value Portfolio value for option spreads 1. Bull call spread: buy one in the money call and sell one out of the money call. Suppose you initiated a bull call with strike of $75 and 585 fot a stock option The premium for the 575 call is 56.5 and the premium for the $85 call is $15, the current stock price is $80 Calculate intrinsic value and Portfolio value with short position Cost 73 74 75 76 78 79 80 81 82 83 84 15 86 87 Price Intrinsic value Portfolio value