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Suppose you buy one each SPX call options with strikes of 2020 and 2320 and write two SPX call options with a strike of 2110.
Suppose you buy one each SPX call options with strikes of 2020 and 2320 and write two SPX call options with a strike of 2110. What are the payoffs at maturity to this position for S&P 500 index levels of 1900, 1950, 2000, 2050, 2100, 2150, and 2200?
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