Draw the terminal CALL payoff (payoff on expiry date) to this particular option strategy (be very precise). What is the maximum profit and loss
on this bear spread? Assume:
Call premium = $5 at X2 = 30 at time of spread purchase
Call premium = $3 at X1 = 35 at time of spread purchase

Answer rating: 100% (QA)

i A bear spread means that the option having X2 30 shall be sold and the call option having X1 35 sh... View the full answer