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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 $60

You are cautiously bullish on the common stock of the Wildwood Corporation over the next several months. The current price of the stock is $60 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:

Suppose you establish a bullish money spread with the puts. In June the stock's price turns out to be $62. Ignoring commissions, the net profit on your position is ________.

$50

$350

$300

$100

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