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Question 6 - (25 points) A stock price is $25. An investor buys one put option contract on the stock with a strike price of
Question 6 - (25 points) A stock price is $25. An investor buys one put option contract on the stock with a strike price of $24 and sells a put option contract on the stock with a strike price of $22.50. The market prices of the options are $2.12 and $1.95, respectively. The options have the same maturity date. Describe the investor's position and the possible gain/loss he will get taking into account the initial investment). Make a graph of your gain/loss
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