Question: Index Option Positions (LO3, CFA3)Suppose you buy one each of SPX call options with strikes of 2000 and 2200 and write two SPX call options
Index Option Positions (LO3, CFA3) Suppose you buy one each of SPX call options with strikes of 2000 and 2200 and write two SPX call options with a strike of 2100. What are the payoffs at maturity to this position for S&P 500 index levels of 1900, 1950, 2000, 2050, 2100, 2150, and 2200?
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