Short Answer
A stock is selling for $35. You buy an April 30 call option for 3.75 and short (write) an April 30 call option for 1.25. You have entered into a vertical spread. If the stock is $43 at expiration, what will be your profit or loss on the spread?
Correct Answer:
Verified
$250
Explanation: 
N...View Answer
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Correct Answer:
Verified
Explanation:
N...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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