You are cautiously bullish on the common stock of the Wildwood Corporation over the next several months. The current price of the stock is $50 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 Expiration June June June Underlying Stock price: $ 50.00 Call Strike $45.00 $50.00 $ 55.00 $8.50 $4.50 $2.00 Put $ 2.00 $ 3.00 $7.50 Suppose you establish a bullish money spread with the puts. In June the stock's price turns out to be $52. Ignoring commissions, the net profit on your position is. O $500 O $700 $200 $250

You are cautiously bulish on the common stock of the Wildwood Corporation over the next several months. The current price of the stock is $50 per share. You want to establish 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 $52. Ignoring commissions, the net profit on your position is $500 $700 $200 $250