Question: If I were to construct a bull spread using the puts, then which one should I buy, and which one should I short? Is it

  1. If I were to construct a bull spread using the puts, then which one should I buy, and which one should I short? Is it a credit position or a debit position? Draw the profit graph for the bull spread. At what price range do I receive the max profit and at what price range do I receive the max loss?

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