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Question 12 O pts Current price quote is $12.80 Try to use put options to form a bear spread and estimate the gain or loss

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Question 12 O pts Current price quote is $12.80 Try to use put options to form a bear spread and estimate the gain or loss when price becomes $12.50. Option Strike Premium Call 1 E1 - $12 c1 = $1.3 Call 2 E2 - $13 c2 - $0.4 Put 1 E1 = $12 p1 = $0.1 Put 2 E2 - $13 p2 - $0.8 loss of $0.30 O loss of $0.40 gain of $0.40 O gain of $0.30

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