What are the net proceeds per share for you today if you would like to establish a Butterfly Spread on CenturyLink (CTL) for the strike prices of $20, $25 and $27, with expiration on January 15, 2021? Use Ask prices for all.

Butterfly Spread: Buy 2 calls with different Strike Prices and Write 2 calls with the same Strike price that is in between the other 2 calls, such as C_1,buy < 2*C_2,write < C_3,buy

CenturyLink, Inc. (CTL)

Current Price = $21.08

Group of answer choices

$0

-$2.13

$2.89

$21.08

-$3.00