You write a call option with X=50 and buy a call with X=60. The options are on the same stock and expiration date. One of the call sells for USD5 and the other sells for USD10 (be very careful in deciding which call option is more valuable).

a. Create the relevant profit table for this strategy.

b. Draw the profit graph/diagram for this strategy.

c. Are you bullish or bearish on the stock?

d. What is the break-even point for this strategy?