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Today's stock price for GMM is $70. The following European call and put options exist in the market (all with the same maturity T) Strike
Today's stock price for GMM is $70. The following European call and put options exist in the market (all with the same maturity T) Strike Call Price Put Price Expiration Month June 2020 June 2020 June 2020 $60 $70 $80 $2 $16 $10 $6 $8 $14 You decide to bet on upward stock price movements by buying a bullish call spread using at the money and out of the money call. If the stock price at the maturity is $78, your overall profit or loss on the trade is Loss of $10 Loss of $6 Profit of $10 Profit of $6
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