Question: Construct a bear money spread using October 160 and 170 calls. hold the position until the options expire. determine the profits and graph results. identify

Construct a bear money spread using October 160 and 170 calls. hold the position until the options expire. determine the profits and graph results. identify the breakeven stock price at expiration and the maximum and minimum profits

Strike Calls Puts
Jul Aug Oct Jul Aug Oct
160 8.50 10.60 13.60 3.25 5.25 7.00
165 5.20 7.75 10.60 4.90 7.25 9.25
170 3.30 5.75 8.50 8.25 10.00 11.50

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