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Suppose you purchase one Texas Instruments August 74 call contract quoted at $8.50 and write one Texas Instruments August 80 call contract quoted at $6.

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Suppose you purchase one Texas Instruments August 74 call contract quoted at $8.50 and write one Texas Instruments August 80 call contract quoted at $6. If, at expiration, the price of a share of Texas Instruments is $79, your profit would be $450 $250 $350 $150

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