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Suppose you buy one each SPX call options with strikes of 2020 and 2500 and write two SPX call options with a strike of

Suppose you buy one each SPX call options with strikes of 2020 and 2500 and write two SPX call options with a strike of 2120. What are the payoffs at maturity to this position for S&P 500 index levels of 1900, 1950, 2000, 2050, 2100, 2150, and 2200? (A negative value should be indicated by a minus sign. Leave no cells blank - be certain to enter "O" wherever required.) Index level Long call payoff 2020 Long call payoff 2500 Short call (2) payoff 2120 Total payoff 1900 1950 2000 2050 2100 2150 2200

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