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You are cautiously bullish on the common stock of the Bela Corp over the next several months. The current price of the stock is $59
You are cautiously bullish on the common stock of the Bela Corp over the next several months. The current price of the stock is $59 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:
Bela Corp Underlying Stock price: $59.00 | |||
Expiration | Strike | Call | Put |
June | 54.00 | 9.40 | 2.90 |
June | 59.00 | 4.95 | 3.90 |
June | 64.00 | 2.45 | 8.40 |
Ignoring commissions, the cost to establish the bull money spread with calls would be _______.
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