You are cautiously bullish on the common stock of the Wildwood Corporation over the next several months. The current price of the stock is $65 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 Multiple Choice O O Ignoring commissions, the cost to establish the bull money spread with calls would be $1,275 $475 $725 Underlying Strike $ 60.00 $65.00 $ 70.00 $475 income rather than cost Stock price: $65.00 Call $ 10.00 $5.25 $ 2.75 Put $ 3.50 $ 4.50 $9.00

Ignaring commissions, the cost to establish the bul money specid with calls would be Hanpe Croice stars sin thas