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You buy a 45 call for 4 and sell a 50 call for 2. Stock ends at $47. Payoff = ____________ Profit = _____________ You
You buy a 45 call for 4 and sell a 50 call for 2. Stock ends at $47.
Payoff = ____________ Profit = _____________
You sell a 48 put for 5 and buy a 42 put for 2. Stock ends at $41.
Payoff = ____________ Profit = _______________
You buy two 45 calls for 4 each and sell a 50 call for 2. Stock ends at $56.
Payoff = _______________ Profit = ________________
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