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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 $63
You are cautiously bullish on the common stock of the Wildwood Corporation over the next several months. The current price of the stock is $63 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 | Underlying Stock price: $63.00 | ||
Expiration | Strike | Call | Put |
---|---|---|---|
June | $ 58.00 | $ 9.80 | $ 3.30 |
June | $ 63.00 | $ 5.15 | $ 4.30 |
June | $ 68.00 | $ 2.65 | $ 8.80 |
The cost to establish the bull spread with calls would...
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