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You invest in a Bull Spread. That is, you buy a call with a strike K1 = 53 and sell a call with a strike
You invest in a Bull Spread. That is, you buy a call with a strike K1 = 53 and sell a call with a strike K2 = 59. You buy the first call at a premium of $3.27 and sell the second call at a premium of $2.24. At maturity, the underlying stock is at $53.06. What is your profit/loss? Enter a profit as positive, and a loss as negative. (Do NOT multiply by 100 for a lot of 100 options)
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