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Suppose Coca-Cola Co. (KO) is trading at $54 and you buy one Aug55 put for $2.55 and sell one Aug50 put for $0.85. Calculate your

Suppose Coca-Cola Co. (KO) is trading at $54 and you buy one Aug55 put for $2.55 and sell one Aug50 put for $0.85. Calculate your maximum potential profit and loss. Is this a bearish or bullish position?

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