Question: If you construct a Long Put Butterfly Spread using $37,$35 and $33 strike prices of BHP shares. At what price of BHP at the expiry
If you construct a Long Put Butterfly Spread using $37,$35 and $33 strike prices of BHP shares. At what price of BHP at the expiry date the options would the maximum profit from this strategy occur?
A $33 B <$33 C $37 D.$35
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