Question
Suppose you buy one SPX call option with a strike of 1,475 and write one SPX call option with a strike of 1,500. What are
Suppose you buy one SPX call option with a strike of 1,475 and write one SPX call option with a strike of 1,500. What are the "per share" (i.e., per unit) payoffs at maturity to this position for S&P 500 Index levels of 1350, 1400, 1450, 1500, and 1550? (Negative answers should be indicated by a minus sign. Leave no cells blank - be certain to enter "0" wherever required.)
| Index level | Long call payoff | Short call payoff | Total payoff | |||||||
| 1350 | ||||||||||
| 1400 | ||||||||||
| 1450 | ||||||||||
| 1500 | ||||||||||
| 1550 | ||||||||||
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Marketing For Financial Advisors
Authors: Eric Bradlow, Keith Niedermeier, Patti Williams
1st Edition
0071605142, 978-0071605144
