Question: A trader creates a long butterfly spread from options with strike prices $6p, $65, and $70 by trading a total of 4 stock options. The

A trader creates a long butterfly spread from options with strike prices $6p, $65, and $70 by trading a total of 4 stock options. The options are worth $12, $14, and $18 respectively. Under what range of final stock prices will the trader have a net gain? When the final stock price is between $62 and $68 When the final stock price is below $62 or above $68 When the final stock price is below $63 or above $67 When the final stock price is between $63 and $67

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