You sold a put option at strike $ 70 for a price of $ 6 and bought a put option at strike $ 60 for
You sold a put option at strike $ 70 for a price of $ 6 and bought a put option at strike $ 60 for a price of $ 3, both options with the same maturity. The underlying stock currently trade for $61. Your worst possible net payoff at maturity is:
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Authors: Alison Warman, Jeff Davies
1st Edition
1861520379, 978-1861520371
