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Suppose you are expecting the stock price to move substantially over the next three months. You are considering a butterfly spread. Construct an appropriate butterfly
Suppose you are expecting the stock price to move substantially over the next three months. You are considering a butterfly spread. Construct an appropriate butterfly spread using the October 160, 165, and 170 calls. Hold the position until expira- tion. Determine the profits and graph the results. Identify the two breakeven stock prices and the maximum and minimum profits. Please use the information from this picture, and i need process, thank you
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