Question
Suppose you buy one SPX call option with a strike of 1,440 and write one SPX call option with a strike of 1,465. What are
| Suppose you buy one SPX call option with a strike of 1,440 and write one SPX call option with a strike of 1,465. 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 |
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| Long call payoff |
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| Short call payoff |
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| Total payoff |
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| 1350 |
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| 1400 |
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| 1450 |
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| 1500 |
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| 1550 |
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Securities Trader Qualification Examination Series 57 Study Guide
Authors: Philip Martin Mccaulay
1st Edition
979-8363665240
