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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

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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 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: Wildwoood Corp Underlying Stock price: $67.00 Expiration Strike Call Put 62.00 10.20 2.85 June 67.00 June 5.35 4.70 72.00 2.85 9.20 June Suppose you establish a bullish money spread with the puts. In June the stock's price turns out to be $70. Ignoring commissions, the net profit on your position is 10 0 0 0 $868 $300 $435

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