#4

Intro Consider call options on the same stock with the same maturity date. You bought two call options with strike prices of $59 and $83 for $6 21 and $1.51, respectively, and sold two call options with a strike price of $71 for $2.54 each This strategy is called a buttefly spread. Part 1 Attempt 1/8 for 10 pts. What is your payoff if the stock price is $77 on the expiration date? 0+ decimals Submit Part 2 Attempt 1/8 for 10 pts What is your profit if the stock price is $77 on the expiration date? 12 decimals Submit Part 3 Attempt 1/8 for 10 pts What is your payoff if the stock price is $65 on the expiration date? 0+ decimals Submit Part 4 Attempt 1/8 for 10 pts. What is your profit if the stock price is $65 on the expiration date? 1+ decimals Submit