Question
Use the below information to calculate the profit or loss of a short call butterfly spread if the spot price of the underlying asset
Use the below information to calculate the profit or loss of a short call butterfly spread if the spot price of the underlying asset at maturity is R89.45. June 70 Call costs R1.18 June 70 Put costs R1.50 June 80 Call costs R2.73 June 80 Put costs R3.50 June 90 Call costs R2.09 June 90 Put costs R7.50 WRITE THE NUMERICAL VALUE ONLY (INCLUDING A NEGATIVE SIGN IF IS A LOSS) AND ROUND OFF YOUR ANSWER TO TWO DECIMAL PLACES. Answer:
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