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You are cautiously bullish on the common stock of the Wildwood Corporation over the next several months. The current price of the stock is $67
You are cautiously bullish on the common stock of the Wildwood Corporation over the next several months. The current price of the stock is $67 per share. You want to establish a bullish money spread to help limit the cost of your option position. You find the following option quotes: Wildwood Corporation Underlying Stock price: $67.00 Ignoring commissions, the cost to establish the bull money spread with calls would be (If the spread is a cash outflow, please use a negative sign.)
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